Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800.

Question

Radda [10]

2 years ago

5

Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800.

What is the equity multiplier?

Business

1 answer:

abruzzese [7] · Answer 1 · 2022-12-09T01:03:58+03:00

abruzzese [7]2 years ago

6 0

Answer:

A

Explanation:

Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800. What is the equity multiplier?