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I got it wrong. can someone help me solve Assignment #2 A Saved Help Save & Exit Submit Check my work 21 debt-equity ratio of.85.
I got it wrong. can someone help me solve
Assignment #2 A Saved Help Save & Exit Submit Check my work 21 debt-equity ratio of.85. Return on assets is 7.3 percent, and Synovec Company has total equity is $910,000, 3 points a. What is the equity multiplier? (Do nat round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b. What is the retum on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bpp Hint Print References a. Equity multiplier b. Return on equity c. Net Income 1,452.250.00 1.85% 19.24 S MC dow FactionStep by Step Solution
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