3. Organic Chicken Company has a debt-equity ratio of 0.45. Return on assets is 8.20 percent, and total equity is $536,000.

3.1 What is the equity multiplier?

a. 8.65

b. 2.00

c. .55

d. 7.75

e. 1.45

3.2 What is the return on equity?

a. 6.75%

b. 8.65%

c. 5.66%

d. 11.89%

e. 9.65%

3.3 What is the net income?

a. $777,200

b. $56,730

c. $63,730

d. $4,507,990

e. $68,730