Kodi Company has a debt-equity ratio of .80. Return on assets is 8 percent, equity is $532,000. a. What is the equity multiplier? (Do not round intermediate calculations and your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and 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 and rour answer to the nearest whole number, e.g., 32.)
