Question: Problem 3-5 Calculating Leverage Ratios [LO2] Mobius, Incorporated, has a total debt ratio of 32. a. What is its debt-equity ratio? (Do not round intermediate

Problem 3-5 Calculating Leverage Ratios [LO2] Mobius, Incorporated, has a total

Problem 3-5 Calculating Leverage Ratios [LO2] Mobius, Incorporated, has a total debt ratio of 32. a. What is its debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is its equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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