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Bayside, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net

Bayside, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets. What is the equity multiplier for 2022? .$ 7,620 4,740 405 $ 2,475 50 2022 Bayside, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 $ 160 1,190 1,880 $ 3,230 $ 3,465 3,890 3,890 $ 7,120 $ 7,355 $ 2,425 849 $ 1,576 $ 265 1,030 2,170 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 $ 1,790 910 3,440 980 $ 7,120 2022 $ 2,235 710 3,180 1,230 $ 7,355
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What is the equity multiplier for 2022

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