Problem $3-2$ Equity Multiplier and Return on Equity

Kodi Company has a debt$-$equity ratio of $76.$ Return on assets is $9\mathrm{.}0$ percent, and total

equity is $$895,000.$

a$.$ What is the equity multiplier? $($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? $($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? $($Do not round intermediate calculations.$)$