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    akuwik's Avatar
    akuwik Posts: 1, Reputation: 1
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    #1

    Sep 17, 2010, 04:12 AM
    How do I find the Total Assests and the equity multiplier with the information given:
    $8M Sales, 8% PM, $2M CA, $6M FA, $1M NWC, $3M LTD
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 17, 2010, 06:31 PM

    Instead of looking at this as a blog of numbers, look closely at what you have available, and what you can calculate with what you're given. You can't always get straight to your final answer, so start looking at what you can do.

    You can get profit, though you don't need it. You can get current liabilities. You can get total assets right off.

    Once you solve some stuff, then look at what else you can get. If you do the above, you can then get total liabilities, then equity, and then your equity multiplier.

    Give it a shot.
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