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 $33.50 million in assets with $32.00 million in debt and $1.50 million in equity. LotsofEquity, Inc. finances its $33.50 million in assets with $1.50 million in debt and $32.00 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.)