What is the equity multiplier?

Markus Company's common stock sold for $5.50 per share at the end of this year. The company paid a common stock dividend of $0.77 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 54,500 $ 100,000 $ 79,000 $ 233,500 $ 857,000 $ 91,500 $ 232,000 $ 171,000 $ 625,000 $ 857,000 Beginning Balance $ 47,200 $ 71,200 $ 100,000 $ 218,400 $ 938,800 $ 100,500 $ 208,800 $ 171,000 $ 730,000 $ 938,800 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 1,195,000 $ 693,100 $ 501,900 $ 338,250 $ 16,500 $ 225, 225