2 12. Equity Multiplier and Return on Equity (L03] SME Company has a debt-equity ratio of .65. Return on assets is 8.2 percent, and total equity is $515,000. What is the equity multiplier? Return on equity? Net income? Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. Use this information to work Problems 13 through 17. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 11,135 $ 13,407 Accounts payable $ 45,166 $ 48,185 Accounts receivable 28,419 30,915 Notes payable 17.773 18,257 Inventory 51,163 56,295 Total $ 62.939 $ 66,442 Total $ 90,717 $100,617 Long-term debt $ 44,000 $ 39,000 Owners' equity Common stock and paid-in surplus $ 50,000 $ 50,000 Retaired earnings 260.234 302.735 Total $310.234 $352,735 Net plant and equipment $326,456 $357,560 Total liabilities and Totales 417 173 $45A 177 ownersequity $417,173 $458,177