Problem 3-2 Equity Multiplier and Return on Equity Synovec Company has a debt-equity ratio of 80. Return on assets is 10.1 percent, and total equity is $775,000. 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 your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations.) a. Equity multiplier b. Return on equity c. Net income