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Please help! will like correct answers! Clemson Inc., has sales of $7,495, total assets of $3,535, and a debt-equity ratio of 36 . Assume the
Please help! will like correct answers!
Clemson Inc., has sales of $7,495, total assets of $3,535, and a debt-equity ratio of 36 . Assume the return on equity (ROE) is 17 percent. What is the company's equity multiplier? Please enter your answer as a ratio up to two decimal places. For example, for 1.5012, enter 1.50, and for 1.5061, enter 1.51 Step by Step Solution
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