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Markus Company's common stock sold for $ 6 . 2 5 per share at the end of this year. The company paid a common stock

Markus Company's common stock sold for $6.25 per share at the end of this year. The company paid a common stock
dividend of $0.75 per share this year. It also provided the following data excerpts from this year's financial statements:
Foundational 14-15(Algo)
What is the equity multiplier? (Round your answer to 2 decimal places.)
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