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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 $34.75 million in assets with $31.25 million in debt and $3.50 million in equity. LotsofEquity, Inc. finances its $34.75 million in assets with $3.50 million in debt and $31.25 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) Debt ratio LotsolDebt, Inc LotsofEquity, Inc Calculate the equity multiplier. (Round your answers to 2 decimal places.) LotsofDebt, Inc LotsofEquity, Inc Equity multiplier times times Calculate the debt-to-equity. (Round your answers to 2 decimal places.) LotsofDebt, Inc. LotsofEquity, Inc Debt-to-equity times times

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