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What is the equity multiplier at year-end

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Problem 1: G Company has total assets of $800,000 at year's end. The beginning owners' equity was $380,000. During the year, the company had sales of $900,000, a profit margin of 5 percent, a tax rate of 21 percent, and paid $25,000 in dividends. What is the equity multiplier at year-end?

Reference no: EM132920260

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