Tau Inc. has sales of $392,510, a debt-equity ratio of 1.2, and a profit margin of 8.5 percent. What is the equity multiplier? 2.4 2.2 0.2 1.4

Managerial Economics: A Problem Solving Approach
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Tau Inc. has sales of $392,510, a debt-equity ratio of 1.2, and a profit margin of 8.5 percent. What is the equity multiplier?

2.4

2.2

0.2

1.4

 

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