Following Is Financial Statement Information for Rogex Corporation: Cash =

question 19

Multiple Choice

Following is financial statement information for Rogex Corporation: cash = $242; accounts receivable = $850; inventory = $820; net fixed assets = $3,408; accounts payable = $700; short-term notes payable = $740; long-term liabilities = $1,100; common stock = $1,160; and retained earnings = $1,620. What is the equity multiplier for Rogex?

• A)2.35 times
• B)0.48 times
• C)1.12 times
• D)1.91 times

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Definitions:

Janeway Spots

Small, painless, red or purple spots on the palms or soles, associated with infective endocarditis.

Analgesics

Medications designed specifically to relieve pain without causing the loss of consciousness.

Rheumatic Fever

An inflammatory disease that can develop after a Group A Streptococcus bacterial infection, potentially damaging heart valves and other tissues.

Cardiac Valve Damage

Damage to any of the valves in the heart, which can affect heart function and lead to cardiovascular diseases.