Synovec company has a debtndashequity ratio of 80 return on, Ask an Expert

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Synovec Company has a debt–equity ratio of .80. Return on assets is 9.0 percent, and total equity is $935,000. What is the company's equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Equity multiplier What is the company's return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

What is the company's net income? (Do not round intermediate calculations.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92307457

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