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 $32.00 million in assets with $30.00 million in debt and $2.00 million in equity. LotsofEquity, Inc. finances its $32.00 million in assets with $2.00 million in debt and $30.00 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) LotsofDebt, Inc. LotsofEquity, Inc. Debt ratio 93.75% 6.25% Calculate the equity multiplier. (Round your answers to 2 decimal places.) LotsolDebt, Inc LotsofEquity, Inc. Equity multiplier 16.00 times 1.07 times Calculate the debt-to-equity. (Round your answers to 2 decimal places.) LotsofDebt, Inc LotsofEquity, Inc. Debt-to-equity 15.00 times 0.07 times Saved Help 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 $32.00 million in assets with $30.00 million in debt and $2.00 million in equity. LotsofEquity, Inc. finances its $32.00 million in assets with $2.00 million in debt and $30.00 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) Debt ratio % LotsofDebt, 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.) Debt-to-equity times LotsofDebt, Inc LotsofEquity, Inc. times