GM has the total assets of $264,037 million, total liabilities of $191,753 million, the earnings before interests and taxes of $10,314 million, interest expenses of $987 million, and depreciation of $11,290 million on its latest financial statements. Compute its equity multiplier.

Answer rating: 100% (QA)

To calculate the equity multiplier we can use the formula Equity M... View the full answer