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DTO, Inc., has sales of $39 million, total assets of $22 million, and total debt of $8 million. c. What is the ROE? Queen, Inc.,

DTO, Inc., has sales of $39 million, total assets of $22 million, and total debt of $8 million.

c.What is the ROE?

Queen, Inc., has a total debt ratio of .23.

a.What is its debt-equity ratio?

b.What is its equity multiplier?

SME Company has a debt-equity ratio of .60. Return on assets is 9.10 percent, and total equity is $529,000.

a.What is the equity multiplier?

b.What is the return on equity?

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