Problem 3-2 Equity Multiplier and Return on Equity Bello Company has a debt-equity ratio of .7. Return on assets is 7.8 percent, and total equity is $530,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and enter you answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. Equity multiplier b. Return on equity C. Net income times % Problem 3-3 Using the DuPont Identity Y3K, Inc., has sales of $6,319, total assets of $2,935, and a debt-equity ratio of 1.3. If its return on equity is 14 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income