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Net sales $ 9,900 Cost of goods sold $ 7,650 Depreciation $ 390 Earnings before interest and taxes $ 1,860 Interest paid $ 88 Taxable

Net sales $ 9,900
Cost of goods sold $ 7,650
Depreciation $ 390
Earnings before interest and taxes $ 1,860
Interest paid $ 88
Taxable income $ 1,772
Taxes $ 620
Net income $ 1,152
Cash $ 220 $ 250 Accounts payable $ 1,540 $ 1,632
Accounts rec. $ 990 $ 890 Long-term debt $ 1,010 $ 1,293
Inventory $ 1,750 $ 1,655 Common stock $ 3,240 $ 2,970
Total $ 2,960 $ 2,795 Retained earnings $ 530 $ 780
Net fixed assets $ 3,360 $ 3,880
Total assets $ 6,320 $ 6,675 Total liab. & equity $ 6,320

$ 6,675

What is the equity multiplier for 2017?

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