Bettles Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 9.2 percent, and total equity is $520,000.
What is the equity multiplier?
what is the return on equity?
what is net income?
I am having a great deal solving the equity multiplier I'm not sure how to go about solving these things, I feel like I need more direction from this problem.Help would be much appreciated.