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Use the following information to answer this question. What is the equity multiplier for 2017 Use the lollowlng information to answer this question. 'urn sQept;

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Use the following information to answer this question. What is the equity multiplier for 2017

Use the lollowlng information to answer this question. 'urn sQept; Inco 2017 income statement $6,015 Net sales cost of goods. sold Depreciation Earnings before interest Interest paid Taxable income Taxes Net income cash Accounts rec. Inventory Iota I Net fixed assets Total assets and taxes Ss, 700 $1,100 661 Windswept, Inc. 2016 and 2017 Balance sheets 2016 1,510 $2, aso 3,200 201/ 120 no 1,535 375 Accounts payable Long-tern debt cornon stock Retained earnings Total liab. equity 2016 $1,070 980 3, 150 Ss,6so 2011 Sl,212 1,213 2,890 $6, ors What Ls the equity multiplier 'or 2017?

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