Synovec Company has a debt-equity ratio of .80. Return on assets is 9.0 percent, and total equity is $935,000. What is the company's equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
Equity multiplier What is the company's return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
What is the company's net income? (Do not round intermediate calculations.)
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.