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Blossom Company has a debt-to-equity ratio of 1.55, ROA of 12.0 percent, and total equity of $1,491,000. What are the company's equity multiplier, debt ratio,
Blossom Company has a debt-to-equity ratio of 1.55, ROA of 12.0 percent, and total equity of $1,491,000. What are the company's equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, e.g. 12.55, debt ratio to 3 decimal places, e.g. 12.551 and ROE to 1 decimal place, e.g. 12.5\%.) Equity multiplier Debt ratio Return on equity % eTextbook and Media
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