Equity Multiplier and Return on Equity 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? Return on equity net income?

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JUST DEW IT CORPORATION 2006 and 2007 Balance Sheeta Assets Liabilities and Owners' Equity 2006 2007 2007 2006 Current assets Current liabilities $ 15,183 $ 16,185 $ 78.159 $ 59,309 Cash Accounts payable Accounts receivable 35,612 37.126 Notes payable 46,382 48,168 $107,477 Inventory 62,182 $ 112.977 $124.541 64,853 $ 118,164 Total Total $ 60,000 $ 75.000 Long-term debt Fixed assets Owners' equity $ 327,156 $ 358,163 Net plant and equipment Common stock and $ 90.000 $ 90,000 paid-in surplus Retained eamings 165,592 203,850 $293,850 $255,592 Total $ 440,133 $ 476,327 Total liabilities and owners' equity $440,133 $476,327 Total assets