Multiple Choice
Mahoe Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $500. The market price of common stock at the end of Year 2 was $8.06 per share.
-The company's equity multiplier at the end of Year 2 is closest to:
A) 0.28
B) 1.28
C) 3.53
D) 0.78
Correct Answer:

Verified
Correct Answer:
Verified
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