Question: Hello, I need help finding the debt-equity ratio and equity multiplier using only the total debt ratio of .77. My book doesn't break it down

Hello, I need help finding the debt-equity ratio and equity multiplier using only the total debt ratio of .77. My book doesn't break it down very well.
Thanks!

Biallo= Ino, has a total debt ratio of It a. What is its debtequity ratio? {Do not round intermediate calculations and round your answer to 2 decimal places. e.g., 32.15.} b. What is its equity\":r multiplier? [Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.} _m _m
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
