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You are considering a stock investment in one of two firms (LotsofDebt, Inc, and LotsofEquity, Inc), both of which operate in the same industry. LotsofDebt,

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You are considering a stock investment in one of two firms (LotsofDebt, Inc, and LotsofEquity, Inc), both of which operate in the same industry. LotsofDebt, Inc. finances its $35.25 million in assets with $32.75 million in debt and $2.50 million in equity. LotsofEquity, Inc. finances its $35.25 million in assets with $2.50 million in debt and $32.75 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) Calculate the equity multipler, (Round your answers to 2 decimal places.) Colculate the debt to-equity, (Round your answers to 2 decimal piaces.)

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