Y3K, Inc., has sales of $7,565, total assets of $3,570, and a debt–equity ratio of .43....

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Finance

Y3K, Inc., has sales of $7,565, total assets of $3,570, and adebt–equity ratio of .43. Assume the return on equity is 13percent.
1.What is the company's equity multiplier?
Equity multiplier times _____
2.What is the company's total asset turnover?
Total asset turnover times _
3.What is the company's profit margin?
Profit margin _%
4.What is the company's net income?
Net income $_____

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Ans a As per question Y3K Inc has sales of 7565 has total assets of 3570 and a debtequity ratio of43 and also return on equity is given 13 percent In this part we have to find the companys equity See Answer

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Y3K, Inc., has sales of $7,565, total assets of $3,570, and adebt–equity ratio of .43. Assume the return on equity is 13percent.1.What is the company's equity multiplier?Equity multiplier times _______2.What is the company's total asset turnover?Total asset turnover times _____3.What is the company's profit margin?Profit margin _____%4.What is the company's net income?Net income $_______