Sme company has a debt-equity ratio of 80 return on assets


SME Company has a debt-equity ratio of .80. Return on assets is 8.7 percent, and total equity is $515,000.

A.) What is the equity multiplier?

B.) What is the return on equity?

C.) What is the net income?

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Finance Basics: Sme company has a debt-equity ratio of 80 return on assets
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