Bowsman Fried Chicken Company has a debt–equity ratio of 0.65. Return on assets is 8.5 percent, and total equity is $540,000. What is the equity multiplier? Net income? Return on equity?

Birtle Corporation reports the following statement of financial position information for 2011 and 2012. Use this information to work on this problem.

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Birtle CORPORATION 2011 and 2012 Statement of Financial Position Liabilities and Owners' Equity Assets 2012 2011 2011 2012 Current liabilities Accounts payable Notes payable Current assets Cash Accounts receivable $ 8,436 $ 10,157 23,406 $ 43,050 18,384 $ 61,434 $ 25,000 $ 46,821 17,382 $ 64,203 $ 32,000 21,530 38,760 Total Inventory 42,650 $ 76,213 Total Fixed assets Net plant and equipment $ 68,726 Long-term debt Owners' equity Common stock and paid-in surplus $ 40,000 Retained earnings Total Total liabilities and owners' equity 226,706 $ 40,000 248,306 168,998 $208,998 188,316 $228,316 Total assets $295,432 $324,519 $295,432 $324,519