Locker Company has a debt-equity ratio of .6. Return on assets is 8.8 percent, and total equity is $525,000. What is the equity multiplier?

Locker Company has a debt-equity ratio of .6. Return on assets is 8.8 percent, and total equity is $525,000.

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

  Equity multiplier _________ 

What is the return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

  Return on equity ______% 

What is the net income? (Do not round intermediate calculations.)

  Net income $_____