Question: Marion Packaging, Inc. has an Equity Multiplier equal to 2.34. A financial analyst decides to present this information using a ratio thought to be more

Marion Packaging, Inc. has an Equity Multiplier equal to 2.34. A financial analyst decides to present this information using a ratio thought to be more accessible to non-financial managers. What value for the firm's Total Debt Ratio should the analyst use in the report? Report your answer in decimal format rounded to three decimal places. (Ex. .1234 should be entered as ".123")

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