Problem $3-12$ Equity Multiplier and Return on Equity $[$LO$3]$

Kolby Company has a debt$-$equity ratio of $\mathrm{.}60.$ Return on assets is $7\mathrm{.}1$ percent, and total equity is $$500,000.$

a$.$ What is the equity multiplier?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What is the return on equity?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

c$.$ What is the net income?

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.,32.$

$\backslash$table$[[$a$.$ Equity multiplier,,times$],[$b$.$ Return on equity,,$\%$