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Berkshire Hathaway Inc., the conglomerate led by Warren Buffett, presented the following information for the year ended December 31, 20X5: Total Liabilities: $400,000,000 Total Assets:

Berkshire Hathaway Inc., the conglomerate led by Warren Buffett, presented the following information for the year ended December 31, 20X5:

  • Total Liabilities: $400,000,000
  • Total Assets: $800,000,000 Calculate the debt-to-assets ratio and equity multiplier for Berkshire Hathaway Inc.

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