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Locker Company has a debt-equity ratio of .8. Return on assets is 8.7 percent, and total equity is $515,000. What is the equity multiplier? What

Locker Company has a debt-equity ratio of .8. Return on assets is 8.7 percent, and total equity is $515,000.

What is the equity multiplier?

What is the return on equity?

What is the net income?

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