What is the equity multiplier

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Reference no: EM131444260

Isolation Company has a debt–equity ratio of 0.4. Return on assets is 8 percent, and total equity is $453875.

What is the equity multiplier?

(Enter your answer rounded to 4 decimal places. For example, 1.23456 should be entered as 1.2346)

Reference no: EM131444260

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