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In its closing financial statements for its first year in business, MSVI Company, had cash of $ 2 4 2 , accounts receivable of $
In its closing financial statements for its first year in business, MSVI Company, had cash of $ accounts receivable of $ inventory of $ net fixed assets of $ accounts payable of $ shortterm notes payable of $ longterm liabilities of $ common stock of $ retained earnings of $ net sales of $ cost of goods sold of $ depreciation of $ interest expense of $ taxes of $ addition to retained earnings of $ and dividends paid of $ Calculate the equity multiplier for MSVI Company.
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