SME Company has a debt-equity ratio of .80 . Return on assets is 8 percent,...
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SME Company has a debt-equity ratio of .80 . Return on assets is 8 percent, and total equity is $532,000. o. What is the equity multiplier? (Do not round Intermedlate colculatlons and round your onswer to 2 declmal pleces, e.g., 32.16.) b. What is the return on equity? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 declmol places, e.g., 32.16.) c. What is the net income? (Do not round Intermedlete calculetlons and round your answer to the nearest whole number, e.g., 32.)
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