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Burdick Corporation Has Provided the Following Financial Data from Its

Question 118

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Burdick Corporation has provided the following financial data from its balance sheet: Burdick Corporation has provided the following financial data from its balance sheet: Sales (all on account) in Year 2 amounted to $1,410,000 and the cost of goods sold was $860,000. The company's equity multiplier at the end of Year 2 is closest to: A) 0.70 B) 1.43 C) 2.34 D) 0.43 Sales (all on account) in Year 2 amounted to $1,410,000 and the cost of goods sold was $860,000. The company's equity multiplier at the end of Year 2 is closest to:


A) 0.70
B) 1.43
C) 2.34
D) 0.43

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