Question: Equity Multiplier and Return on Equity [ LO 3 ] Kodi Company has a debt - equity ratio of . 6 3 . Return on

Equity Multiplier and Return on Equity [LO3] Kodi Company has a debt-equity ratio of .63. Return on assets is 8.4 percent, and total equity is $645,000. What is the equity multiplier? Return on equity? Net income?
Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Use this information to work Problems 13 through 17.
\table[[\table[[JUST DEW IT CORPORATION],[2020 and 2021 Balance Sheets]]],[Assets,Liabilities and Owners' Equity],[,2020,2021,,2020,2021],[Current assets,,,Current liabilities,,],[Cash,$14,588,$17,631,Accounts payable,$55,653,$63,073
 Equity Multiplier and Return on Equity [LO3] Kodi Company has a

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