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8. NewOne Company has a debt-equity ratio of 0.70. Return on assets is 8.50 percent, and total equity is $517,000. What is the Equity Multiplier?

8. NewOne Company has a debt-equity ratio of 0.70. Return on assets is 8.50 percent, and total equity is $517,000. What is the Equity Multiplier? (Remember: E= 1 - D/E) What is the ROE? What is the Net Income

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