Lab Assignment

Question $10,$ P$4-13($similar to$)$

HW Score: $58\%,29$ of $50$ points

Part $1$ ol $2$

Points: $0$ of $4$

$($Using DuPont analysis$)$ Garwryk, Inc, which is financed with debt and equity, presently has a debt ratio of $80$ percent. What is the firm's equity multiplier? How is the equity multiplier related to the firm's use of debt financing $($i$.$e$.,$ if the firm increased its use of debt financing would this increase or decrease its equity multiplier$)?$ Explain.

What is the firm's equity multiplier?