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A company has total assets of $1,000,000, total current liabilities of $200,000, and common equity of $500,000. What is the firm's equity multiplier? a. 0.50

A company has total assets of $1,000,000, total current liabilities of $200,000, and common equity of $500,000. What is the firm's equity multiplier?

a. 0.50 b. 1.50 c. 1.00 d. 2.00 e. 0.75

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