Multiple Choice
Georgetown Supply has sales of $318,200,net income of $41,400,current assets of $118,400,net fixed assets of $238,300,net working capital of $18,900,and long-term debt of $175,000.What is the equity multiplier?
A) 1.71
B) 4.34
C) 1.44
D) 3.82
E) 2.92
Correct Answer:
Verified
Correct Answer:
Verified
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