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Green Fire Company has a debt-equity ratio of .70. Return on assets is 6.75 percent, and total equity is $200,000. What is its equity multiplier?

Green Fire Company has a debt-equity ratio of .70. Return on assets is 6.75 percent, and total equity is $200,000. What is its equity multiplier?

Question 9 options:

1.36

2.70

1.70

1.69

1.85

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