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Isolation Company has a debtequity ratio of 0.60. Return on assets is 7.1 percent, and total equity is $500,000. What is the equity multiplier? (Round
Isolation Company has a debtequity ratio of 0.60. Return on assets is 7.1 percent, and total equity is $500,000. |
What is the equity multiplier? (Round your answer to 2 decimal places. (e.g., 32.16)) |
Equity multiplier |
What is the return on equity? (Round your answer to 2 decimal places. (e.g., 32.16)) |
Return on equity | % |
What is the net income? |
Net income | $ |
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