Question: rn Saved Help Save & You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc), both of which operate
rn Saved Help Save & You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc), both of which operate in the same industry. LotsofDebt, Inc. finances its $36.50 million in assets with $33.25 million in debt and $3.25 million in equity. LotsofEquity, Inc. finances its $36.50 million in assets with $3.25 million in debt and $33.25 million in equity Calculate the debt ratio. (Round your answers to 2 decimal places.) Debt ratio LotsofDebt, Inc LotsofEquity, Inc Calculate the equity multiplier. (Round your answers to 2 decimal places) Equity multiplier LotsofDebt, Inc times times LotsofE quity, Inc
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