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Flannery Enterprises' assets consist of $3K in cash, $13K in Accounts Receivable, $14K in inventory, and $26K in net PPE. It also has $13K in

Flannery Enterprises' assets consist of

$3K

in cash,

$13K

in Accounts Receivable,

$14K

in inventory, and

$26K

in net PPE.\ It also has

$13K

in equity.\ What is its Equity Multiplier?\ Round your answer to the nearest (0.01)

image text in transcribed
Flannery Enterprises' assets consist of $3K in cash, $13K in Accounts Receivable, $14K in inventory, and $26K in net PPE. It also has $13K in equity. What is its Equity Multiplier? Round your answer to the nearest (0.01)

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