Question: Answer as soon as possible Problem 3-5 Calculating Leverage Ratios LO 2] Allen, Inc., has a total debt ratio of .61. Requirement 1: What is
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Problem 3-5 Calculating Leverage Ratios LO 2] Allen, Inc., has a total debt ratio of .61. Requirement 1: What is its debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Debt-equity ratio times Requirement 2: What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Equity multiplier times
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