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Mahoe Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $500. The market price of common stock at the end of Year 2 was $8.06 per share. The company's equity multiplier at the end of Year 2 is closest to:
Flat Organizational Structure
A type of organizational configuration that has few or no levels of middle management between staff and executives, promoting faster decision-making and communication.
Customer Departmentalization
The arrangement of jobs around the needs of various types of customers.
Sales Account
A record or agreement defining the relationship and transactions between a buyer and a seller, often including terms of sale, credit limits, and purchase history.
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