Allen, Inc., has a total debt ratio of .34.
Requirement 1:
What is its debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Debt-equity ratio times
Requirement 2:
What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Equity multiplier t