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Business, 23.09.2019 19:10 902coo

Sme company has a debt-equity ratio of .70. return on assets is 7.8 percent, and total equity is $530,000. a. what is the equity multiplier? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. what is the return on equity? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) c. what is the net income? (do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)

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Sme company has a debt-equity ratio of .70. return on assets is 7.8 percent, and total equity is $53...
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