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Sheridan, Inc., a manufacturer of electrical supplies, has an ROE of 23.1 percent, a profit margin of 5.5 percent, and a total asset turnover ratio

Sheridan, Inc., a manufacturer of electrical supplies, has an ROE of 23.1 percent, a profit margin of 5.5 percent, and a total asset turnover ratio of 1.5 times. Its peer group also has a ROE of 23.1 percent, but has outperformed Sheridan with a net profit margin of 7.0 percent and a total asset turnover ratio of 2.0 time. Calculate the Sheridan's equity multiplier and peer group equity multiplier

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