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Synovec Company has a debt-equity ratio of .70. Return on assets is 8.0 percent, and total equity is $835,000. a. What is the equity multiplier?

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Synovec Company has a debt-equity ratio of .70. Return on assets is 8.0 percent, and total equity is $835,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. 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.) c. What is the net income? (Do not round intermediate calculations.) Equity multiplier . Return on equity b. Net income C

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