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Homework answers / question archive / Queen, Inc

Queen, Inc

Finance

Queen, Inc., has a total debt ratio of .23. 

a.What is its debt-equity ratio?

b.What is its equity multiplier?

 

SME Company has a debt-equity ratio of .60. Return on assets is 9.10 percent, and total equity is $529,000. 

a.What is the equity multiplier?

b.What is the return on equity?

c.What is the net income?

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