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1. A firm has total debt ratio of .4. What must be the value of the equity multiplier? 2. A firm has total assets of

1. A firm has total debt ratio of .4. What must be the value of the equity multiplier?

2. A firm has total assets of $1 million and total sales of $2 million. The net income is $200,000 and ROE is 25%.

What must be the value of the debt-equity ratio?

Please show all steps. Thank you.

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