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Kodi Company has a debt-equity ratio of .80. Return on assets is 8 percent, equity is $532,000. a. What is the equity multiplier? (Do not

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Kodi Company has a debt-equity ratio of .80. Return on assets is 8 percent, equity is $532,000. a. What is the equity multiplier? (Do not round intermediate calculations and your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What is the net income? (Do not round Intermediate calculations and rour answer to the nearest whole number, e.g., 32.) c. a. Equity multiplier times b. Return on equity % c. Net income

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