Fresh Foods has sales of $216,500, total assets of $196,200, a debt-equity ratio of 2.15, and a profit margin of 2.9 percent. What is the equity multiplier?
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- Fresh Foods has sales of $216,500, total assets of $196,200, a debt-equity ratio of 2.15, and a profit margin of 2.9 percent. What is the equity multiplier? AnswerFresh Foods has sales of $216,500, total assets of $196,200, a debt-equity ratio of 2.15, and a profit margin of 2.9 percent. What is the equity multiplier?Fresh Foods has sales of $216,500, total assets of $196,200, a debt-equity ratio of 2.15, and a profit margin of 2.9 percent. What is the equity multiplier? Hii tutor give me Answer
- Fresh Foods has sales of $216,500, total assets of $196,200, a debt-equity ratio of 2.15, and a profit margin of 2.9 percent. What is the equity multiplier? General AccountBowsman Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 7.9%, and total equity is $480,000. What is the equity multiplier? Net income? Return on equity?What is its return on equity for these financial accounting question?