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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. Lotsofbebt,

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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. Lotsofbebt, Inc. finances its $38.75 million in assets with $34.00 million in debt and $4.75 million in equity, Lotsof Equity, Inc. finances its $38.75 million in assets with $4.75 million in debt and $34.00 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) Calculate the equity multiplier, (Round your answers to 2 decimal places.) Calculate the debt-to-equity, (Round your answers to 2 decimal places.)

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