Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equal $200,000 and it
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Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equal $200,000 and it has no short-term debt. The firm's total equity equals $500,000.
What is the firm's equity multiplier?
Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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