Determine the firms equity multiplier
Question: Dreisen Traders has total debt of 1,233,837 dollar and total assets of 2,178,990 dollar. Determine the firm's equity multiplier and debt-to-equity ratio?
[A] 0.75; 1.75
[B] 1.31; 2.31
[C] 2.31; 1.31
[D] 1.75; 0.75
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Dreisen Traders has total debt of 1,233,837 dollar and total assets of 2,178,990 dollar. Determine the firm's equity multiplier and debt-to-equity ratio.
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