Y3K, Inc., has sales of $7,445, total assets of $3,510, and a debt-equity ratio of .31. Assume the return on equity is 14 percent.

Required:

What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Equity multiplier

times

What is its total asset turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Total asset turnover

times

What is its profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Profit margin

%

What is its net income? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Net income $

Required:

What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Equity multiplier

times

What is its total asset turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Total asset turnover

times

What is its profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Profit margin

%

What is its net income? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Net income $