Quinn Company has a debt-equity ratio of 0.7. Return on assets is 8.5 percent, and total equity is $540,000. a. What is the equity multiplier? b. What is the return on equity? c. What is the net income?
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- synoec company has a debt - equity ratio of.85. return on assets is 10.4 percent, and total equity is $785, 000. what is the equity multipler? what is the return on equity? what is the net income?QuestionDraiman Company has a debt-equity ratio of 0.75. Return on assets is 10.4 percent, and total equity is $900,000. What is the equity multiplier? Return on equity? Netincome?
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