Required information 6 Knowledge Check 03 Cartel Company's financial statements reported total liabilities and stockholders' equity of $1,400,000: total liabilities of $750,.000, total current assets of $680,000; and total property, plant, and equipment of $720,000. Compute the debt-equity ratio. 1.5 points 115 0.54 2.15 0.87 References Knowledge Check 04 This year, Sampson Company reported total assets of $2,350,000, total liabilities of $700,000, and total stockholders' equity of $1,650,000. Last year, it reported total assets of $1,650,000, total liabilities of $650,000, and total stockholders' equity of $1,000,000. For the two years, average total assets were $2,000,000 and average total stockholders' equity was $1.325,000. Compute the equity multiplier 1.51 ? 1.42 0.42 0.51 Required information 6 Knowledge Check 03 Cartel Company's financial statements reported total liabilities and stockholders' equity of $1,400,000: total liabilities of $750,.000, total current assets of $680,000; and total property, plant, and equipment of $720,000. Compute the debt-equity ratio. 1.5 points 115 0.54 2.15 0.87 References Knowledge Check 04 This year, Sampson Company reported total assets of $2,350,000, total liabilities of $700,000, and total stockholders' equity of $1,650,000. Last year, it reported total assets of $1,650,000, total liabilities of $650,000, and total stockholders' equity of $1,000,000. For the two years, average total assets were $2,000,000 and average total stockholders' equity was $1.325,000. Compute the equity multiplier 1.51 ? 1.42 0.42 0.51