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Problem 3 - 2 Equity Multiplier and Return on Equity Kodi Company has a debt - equity ratio of . 8 3 . Return on
Problem Equity Multiplier and Return on Equity
Kodi Company has a debtequity ratio of Return on assets is percent, and total equity is $
a What is the equity multiplier? Do not round intermediate calculations and round your answer to decimal places, eg
b What is the return on equity? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
c What is the net income? Do not round intermediate calculations.
tablea Equity multiplier,,b Return on equity,,
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