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Anderson, Inc., reported a total debt ratio of .68. a. What is its debt-equity ratio? (Do not round intermediate calculations and round your answer to
Anderson, Inc., reported a total debt ratio of .68. a. What is its debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is its equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Debt-equity ratio b. Equity multiplier times times Prince, Inc., has total sales of $7,565, total assets of $3,570, and a debt-equity ratio of 43. Assume the return on equity is 13 percent. What is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income
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