Question: AI Search or type a command 1 more Posts Files Class Notebook Assignments Doldur FINA 301 MI... 2 ASSETS Cash AIR Inventories Total current assets

 AI Search or type a command 1 more Posts Files Class

AI Search or type a command 1 more Posts Files Class Notebook Assignments Doldur FINA 301 MI... 2 ASSETS Cash AIR Inventories Total current assets 2014 10 150 200 360 BALANCE SHEET (millions of Ss) 2015 LIAB.&OWNERS' EQUITY 12 Notes pay 180 Accts payable 180 Total current liability 372 Long-term bonds Total debt 300 Common stock (50 ml shares Retained Earnings Total equity 2014 90 111.5 201.5 150 351.5 50 208.5 258.5 2015 108 139 247 150 397 50 225 275 Fixed Assets Net 250 $ 610 $672 Total Liabilities & Equity $ 672 $ 610 Total Assets 3 According to information given above, calculate the equity multiplier for the year 2015. (10 Points)

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