What is the return on equity

Reference no: EM133223868

Question: Kodi Company has a debt-equity ratio of .86. Return on assets is 10.0 percent, and total equity is $795,000.

a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is the net income? (Do not round intermediate calculations.)

Reference no: EM133223868

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