Problem $3-5$ Calculating Leverage Ratios $[$LO$2]$

Morton, Incorporated, has a total debt ratio of $.48.$

a$.$ What is its debt$-$equity ratio?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What is its equity multiplier?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

$\backslash$table$[[$a$.$ Debt$-$equity ratio,,times$],[$b$.$ Equity multiplier,,times$]]$