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Fayer Corporation Has Provided the Following Financial Data

Question 288

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Fayer Corporation has provided the following financial data: Fayer Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share. The company's equity multiplier at the end of Year 2 is closest to: A) 0.69 B) 2.23 C) 0.45 D) 1.45 Fayer Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share. The company's equity multiplier at the end of Year 2 is closest to: A) 0.69 B) 2.23 C) 0.45 D) 1.45 Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share. The company's equity multiplier at the end of Year 2 is closest to:


A) 0.69
B) 2.23
C) 0.45
D) 1.45

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