Allen inc has a total debt ratio of 34 what is its

Question

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