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Kodi Company has a debt - equity ratio of . 7 2 . Return on assets is 8 . 5 percent, and total equity is

Kodi Company has a debt-equity ratio of .72. Return on assets is 8.5 percent, and total equity is $905,000.
a.
What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
b. What is the return 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.)

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