please check work for 1-5 Jonah M. Company has a debt-equity...
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please check work for 1-5
Jonah M. Company has a debt-equity ratio of 0.60. Return on assets is 8.5 percent, and total equity is $850,000. 1. What is the equity multiplier? a) 1.60 1.89 c. 2.05 d. 2.25 2. What is the return on equity? 15.55% 13.60% 13.78% 14.33% a. . d. 3. What is net income? a. $129,999 b. $139,975 C$115,600 d. $132,005 4. Isaac Inc. has sales of $3,250, total assets of $1,340, and a debt-equity ratio of 1.25. If its return on equity is 15 percent, what is its net income? a. $91.36 $89.53 c. $87.97 d. $88.33
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