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Question 22: SBA company has the following financial data Short-term liabilities: $1,500 Long-term liabilities: $3,000 Total assets: $21,000 Cash from operations: $3,000 Pretax income: $2,000

Question 22: SBA company has the following financial data Short-term liabilities: $1,500 Long-term liabilities: $3,000 Total assets: $21,000 Cash from operations: $3,000 Pretax income: $2,000 Interest expenses: $1,200 Find the equity multiplier

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