2. Equity Multiplier and Return on Equity Kodi Company has a debt-equity ratio of .63. Return on assets is 8.4 percent, and total equity is $645,000. What is the equity multiplier? Return on equity? Net income? 3. Using the DuPont Identity Y3K, Inc., has sales of $5,987, total assets of $2,532, and a debt-equity ratio of .57. If its return on equity is 11 percent, what is its net income? 4. EFN The most recent financial statements for Mixton, Inc., are shown here: Income Statement Balance Sheet Sales $20,300 Assets $47,000 Debt $26,900 Costs 17,100 Equity 20,100 Taxable income $3,200 Total $47.000 Total $47,000 Taxes (21%) 672 Net income $ 2,528 Assets and costs are proportional to sales; debt and equity are not. A dividend of $1,400 was paid, and the company wishes to maintain a constant payout ratio. Next year's sales are projected to be $23,345. What external financing is needed? 5. Sales and Growth The most recent financial statements for Anderson Co. are shown here: Income Statement Balance Sheet Sales $8,700 Current assets $4,200 Long-term debt $ 4,300 Costs 5,600 Fixed assets 10,400 Equity 10,300 Taxable income $3,100 Total $14,600 Total $14,600 Page 77