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1.) Calculate the equity multiplier (two-place accuracy) if firm xyz has a debt ratio of 0.28. 2.) A firms total common equity at the beginning
1.) Calculate the equity multiplier (two-place accuracy) if firm xyz has a debt ratio of 0.28.
2.) A firms total common equity at the beginning of the fiscal year is $4,762,285. Calculate the book value on a per share basis at the end of the fiscal year, when during the year the firm has net income $521,322 , dividends $292,301 , and the shares stay constant at 141,572 shares.
3.) Calculate the profit margin needed to yield a return on equity of 0.29 for a firm with zero debt, if its asset turnover is 1.9. (as a percent to two-places)
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