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Business & Finance Assignment | Custom Assignment Help

Author:
November 8th, 2019

Locker Company has a debt-equity ratio of .6. Return on assets is 8.8 percent, and total equity is $525,000.

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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 ______%

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What is the net income? (Do not round intermediate calculations.)

  Net income $_____  Get bussiness and finance assignment homework help today

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