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Queen, Inc., has a total debt ratio of .23. a. What is its debt-equity ratio? b. What is its equity multiplier? SME Company has a
Queen, Inc., has a total debt ratio of .23.
a.What is its debt-equity ratio?
b.What is its equity multiplier?
SME Company has a debt-equity ratio of .60. Return on assets is 9.10 percent, and total equity is $529,000.
a.What is the equity multiplier?
b.What is the return on equity?
c.What is the net income?
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