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Iris Inc. has liabilities of $565,000. What is its equity if Equity Multiplier is 1.4? Select one: a.$791,000 b.$941,667 c.$403,571 d.$1,412,500

Iris Inc. has liabilities of $565,000. What is its equity if Equity Multiplier is 1.4?

Select one:

a.$791,000

b.$941,667

c.$403,571

d.$1,412,500

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