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Problem 3-10 Equity Multiplier and Return on Equity DLO 2J Rainbow Company has a debt-equity ratio of 1.41. Return on assets is 7.66 percent, and total equity is $705,000 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. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) Return on equity Requirement 3: What is the net income? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount (e.g., 32).)