Rainbow Company has a debt-equity ratio of .95. Return on assets is 7.5 percent, and total equity

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Rainbow Company has a debt-equity ratio of .95. Return on assets is 7.5 percent, and total equity is $735,000. What is the equity multiplier? Return on equity? Net income?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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