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SME Company has a debt-equity ratio of .60. Return on assets is 8.1 percent, and total equity is $515,000. a. What is the equity multiplier?

SME Company has a debt-equity ratio of .60. Return on assets is 8.1 percent, and total equity is $515,000.

a.	What is the equity multiplier?
b.	What is the return on equity?
c.	What is the net income?

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