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You are considering a stock investment in one of two firms (LotsolDebt, 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 (LotsolDebt, Inc. and LotsofEquity, Inc.), both of which operate in the same industry. LotsofDebt, Inc. finances its $33.00 million in assets with $31.75 million in debt and $1.25 million in equity. LotsofEquity, Inc. finances its $33.00 million in assets with $1.25 million in debt and $31.75 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) Debt ratio LotsofEquity Calculate the equity multiplier. (Round your answers to 2 decimal places.) Equily mualiplok LotsofDebt times LotsofEquity times Calculate the debt-to-equity. (Round your answers to 2 decimal places.) LotsofDebt LotsofEquity times times

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