Markus Company's common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash $ 41,000 $ 36,200 Accounts receivable $ 74,000 $ 58,700 Inventory $ 64,900 $ 74,000 Current assets $ 179,900 $ 168,900 Total assets $ 590,000 $ 624,000 Current liabilities $ 70,500 $ 63,000 Total liabilities $ 160,000 $144,000 Common stock, $1 par value $ 139,000 $ 139,000 Total stockholders' equity $ 430,000 $ 480,000 Total liabilities and stockholders' equity $ 590,000 $ 624,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year .000 $ 501,700 $ 363,300 $ 206,250 $ 11,000 $ 136,675 15. What is the equity multiplier? (Round Equity multiplier