Intro Long Gone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $54 million in dividends, while the addition to retained earnings increased equity by 50%. The average tax rate was 34% and the average interest rate on the company's debt was 6.5%. The payout ratio was 20%. IB Attempt 1/10 for 10 pts. Part 3 What was the equity multiplier? k+ decimals Submit