Answered>Order 1485
Rainbow Company has a debt-equity ratio of .95. Return on assets is 7.5 percent, and total equity is $735,000. Requirement 1:What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Equity multiplier times Requirement 2:What is the return on equity? (Do not round intermediate calculations. Round your answer to 2 decimal places […]