[Solved] SME Company has a debt-equity ratio of .4

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SME Company has a debt-equity ratio of .45. Return on assets is 9.50 percent, and total equity is $539,000 a. What is the equity multiplier?

SME Company has a debt-equity ratio of .45. Return on assets is 9.50 percent, and total equity is $539,000 a. What is the equity multiplier? 1.45 b. What is the return on equity? b. What is the return on equity? c. What is the net income

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