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Cullumber, Inc., a manufacturer of electrical supplies, has an ROE of 23.1 percent, a profit margin of 4.00 percent, and a total asset turnover ratio
Cullumber, Inc., a manufacturer of electrical supplies, has an ROE of 23.1 percent, a profit margin of 4.00 percent, and a total asset turnover ratio of 1.50 times. Its peer group also has an ROE of 23.1 percent, but has outperformed Cullumber with a net profit margin of 50 percent and a total asset turnover ratio of 20 times. Calculate the Cullumber's equity multiplier and peer group equity multiplier. (Round answers to 2 decimal places, es 12.55) Cullumber's equity multiplier is times, and the peer group equity multiplier is di
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