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Quinn Company has a debt-equity ratio of 7. Return on assets is 8.5 percent, and total equity is $540,000. What is the equity multiplier? (Do

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Quinn Company has a debt-equity ratio of 7. Return on assets is 8.5 percent, and total equity is $540,000. 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 and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on equity O What is the net income? (Do not round intermediate calculations.) Net income SO

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