SME Company has a debt-equity ratio of .80. Return on assets is 7.4 percent, and total equity is $460,000.
What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Equity multiplier
What is the return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on equity
What is the net income? (Do not round intermediate calculations. Round your answer to the nearest whole number, e.g., 32.) Net income