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White Lily Company has prior year total assets of $7,082,350, current year total assets of $8,104,869, prior year shareholder equity $2,056,376, and current year shareholder

White Lily Company has prior year total assets of $7,082,350, current year total assets of $8,104,869, prior year shareholder equity $2,056,376, and current year shareholder equity of 2,689,242. What is its equity multiplier?

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