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Question 13 (4 points) If a firm's ROE is equal to 9% and its ROA is equal to 6%, its equity multiplier must be 1.5.

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Question 13 (4 points) If a firm's ROE is equal to 9% and its ROA is equal to 6%, its equity multiplier must be 1.5. (This question is easy if you have listened to the lecture about the DuPont Equation). True False Question 14 (4 points) The assets side of my balance sheet shows a total of 2 million dollars. My company also has $1 million in long term debt, $500,000 in short term liabilities. If the Liabilities and Equity side of the balance sheet has just three items of long-term debt, short term liabilities and Shareholders's equity, what will be my shareholder's equity? $2,000,000 $500,000 $300,000 $400,000

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