SME Company has a debt-equity ratio of .70. Return on assets is 7.0 percent, and total equity is $481,000.
What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
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.)
What is the net income? (Do not round intermediate calculations. Round your answer to the nearest whole number, e.g., 32.)