Klein Corporation Has Provided the Following Data The Company's Equity Multiplier Is Closest To:
A)1

Multiple Choice

Klein Corporation has provided the following data: $$\begin{array} { | l | r | r | } \hline & \text { Year 2 } & \text { Year 1 } \\\hline \text { Total assets } & \$ 1,337,000 & \$ 1,310,000 \\\hline \text { Total liabilities } & \$ 598,000 & \$ 580,000 \\\hline \begin{array} { l } \text { Total stockholders' } \\\text { equity }\end{array} & \$ 739,000 & \$ 730,000 \\\hline\end{array}$$ The company's equity multiplier is closest to:

A) 1.24
B) 0.56
C) 1.80
D) 0.81