Assume a company provided the following information: Total asset turnover Sales Return on equity Net income The equity multiplier is closest to: Multiple Choice O O 1.90. 2.30. 2.40. 2.15. $ 3 $ 1,200,000 20% $ 42,000

Assume a company provided the following information: The equity multiplier is closest to: Multiple Choice 1.90 2.30 2.40 2.15