Markus Company's common stock sold for $2.25 per share at the end of this year. The company paid a common stock dividend of $0.45 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current seta Total assets Current liabilities Total liabilities Common stock $1 par value Total stockholders equity Total 11 abities and stockholders equity Ending Balance $ 29,000 $ 50,000 $ 48,100 $ 127,100 S 375.000 $ 51,000 $ 100,000 $ 108,000 $ 275,000 $375,000 Baginning Balance $ 44,800 $ 43,800 $ 50,000 $ 138,600 $360,000 $ 36,000 $ 90,000 $ 108,000 $ 270,000 S 360,000 Sales (all on account). Cont of goods sold Gross margin Net operating income Interest expense Net income This Year $ 550,000 $ 319,000 $ 231,000 S 93,500 5 5,500 S 61,600 14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) Debt-to-equity ratio Markus Company's common stock sold for $2.25 per share at the end of this year. The company paid a common stock dividend of $0.45 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Canh $ 29,000 $ 44,800 Accounts receivable $ 50,000 $ 43,800 Inventory $ 48,100 $ 50,000 Current annets $ 127, 100 $ 138,600 Total assets $ 375,000 $360,000 Current liabilities $ 51,000 $ 36,000 Total liabilities $ 100,000 $ 90,000 Common stock, $1 par value $ 100,000 $ 108,000 Total stockholders' equity $ 275,000 $ 270,000 Total liabilities and stockholders' $ 375,000 $360,000 equity Sales (all on account) Cost of goods sold Cross margin Net operating income Interest expense Not income This Year $ 550,000 $ 319,000 $ 231,000 5 93,500 $ 5,500 $ 61,600 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier