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You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent. Cash $ 124 Net fixed assets 2,498 Accrued expenses
You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent. Cash $ 124 Net fixed assets 2,498 Accrued expenses 135 Inventory 1,027 Long-term debt 1,876 Sales 3,850 Costs 2,220 Accounts payable 486 Depreciation 321 Interest paid 136 Accounts receivable 518 Dividends paid 281
What is the equity multiplier?
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2.50 times
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1.59 times
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2.31 times
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1.93 times
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2.08 times
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