Equity Multiplier, Return on Equity and Net Income Assignment
February 18th, 2020
Item2 0.71 points eBookPrintReferences Check my work Check My Work button is now disabledItem 2Item 2 0.71 points Draiman Company has a debt–equity ratio of 0.86. Return on assets is 10.7 percent, and total equity is $636,000. Required:
What is the equity multiplier, return on equity and net income? (Do not include the dollar sign ($) & percent sign (%). Round your answers to 2 decimal places. (e.g., 32.16)) Get Finance homework help today