Locker Company has a debt-equity ratio of .6. Return on assets is 8.8 percent, and total equity is $525,000.

What is the equity multiplier?(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Equity multiplier_________

What is the return on equity?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Return on equity______%

What is the net income?(Do not round intermediate calculations.)

Net income $_____