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You are considering a stock investment in one of two firms (Lotsof Debt, Inc. and LotsofEquity, Inc.), both of which ope
Posted: Fri Jul 01, 2022 7:42 am
by answerhappygod
- You Are Considering A Stock Investment In One Of Two Firms Lotsof Debt Inc And Lotsofequity Inc Both Of Which Ope 1 (89.34 KiB) Viewed 38 times
You are considering a stock investment in one of two firms (Lotsof Debt, Inc. and LotsofEquity, Inc.), both of which operate in the same industry. Lotsof Debt, Inc. finances its $34.75 million in assets with $31.25 million in debt and $3.50 million in equity. LotsofEquity, Inc. finances its $34.75 million in assets with $3.50 million in debt and $31.25 million in equity. Calculate the debt ratio. (Round your answers to 2 decimal places.) LotsofDebt, Inc. LotsofEquity, Inc. LotsofDebt, Inc. LotsofEquity, Inc. Debt ratio Calculate the equity multiplier. (Round your answers to 2 decimal places.) % % LotsofDebt, Inc. LotsofEquity, Inc. Equity multiplier 31.25 times 3.50 times Calculate the debt-to-equity. (Round your answers to 2 decimal places.) Debt-to-equity times times