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Fincher, Inc., has a total debt ratio of .05. What is its debt–equity ratio? (Do not...

Fincher, Inc., has a total debt ratio of .05.

What is its debt–equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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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Answer #1
Total Debt ratio                                    0.05
Total Equity                                    0.95
Total Assets                                    1.00
Debt equity ratio= Debt/Equity 0.05/0.95 5.263%
Equity Multiplier= Total Asset/Total Equity 1.00/0.95     1.0526
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