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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?

  • 2.50 times

  • 1.59 times

  • 2.31 times

  • 1.93 times

  • 2.08 times

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