What is the equity multiplier

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Reference no: EM132459834

Problem: Pickler Company has a debt-ratio of 1.38. Return on assets is 7.63 percent total equity is $690,000.

Required:

Question 1: What is the equity multiplier?

Question 2: What is the return on equity?

Question 3: What is the net income?

Reference no: EM132459834

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