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I need help in the steps to solving. -Company has a debt-equity ratio of .76. Return on assets is 9.0 percent, and total equity is
I need help in the steps to solving.
-Company has a debt-equity ratio of .76. Return on assets is 9.0 percent, and total equity is $895,000.
-What is the company's equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
-What is the company's return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
-What is the company's net income? (Do not round intermediate calculations)
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