Sme company has a debt-equity ratio of 80 return on assets, Ask an Expert

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SME Company has a debt-equity ratio of .80. Return on assets is 7.4 percent, and total equity is $460,000.

What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Equity multiplier

What is the return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on equity

What is the net income? (Do not round intermediate calculations. Round your answer to the nearest whole number, e.g., 32.) Net income

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92823155

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