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SAT, 23.04.2022 19:50 malumnugget

Jensen's shipping has total assets of rm694,800 at year's end. the beginning owners' equity was rm362,400. during the year, the company had sales of rm711,000, a profit margin of 5.2 percent, a tax rate of 21 percent, and paid rm12,500 in dividends. what is the equity multiplier at year-end?

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Jensen's shipping has total assets of rm694,800 at year's end. the beginning owners' equity was rm36...
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