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Klein Corporation has provided the following data: Year 2Year 1Total assets$1,337,000$1,310,000Total liabilities$598,000$580,000Total stockholders' equity$739,000$730,000 The company's equity multiplier is closest to: Multiple Choice 1.24 0.56

Klein Corporation has provided the following data:

Year 2Year 1Total assets$1,337,000$1,310,000Total liabilities$598,000$580,000Total stockholders' equity$739,000$730,000

The company's equity multiplier is closest to:

Multiple Choice

  • 1.24
  • 0.56
  • 1.80
  • 0.81

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