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Quotes of the day:
Most people hew the battlements of life from compromise, erecting their impregnable keeps from judicious submissions, fabricating their philosophical drawbridges from emotional retractions and scalding marauders in the boiling oil of sour grapes.
The equity multiplier is a financial leverage ratio that measures the portion of company’s assets that are financed by stockholder’s equity. It is calculated by dividing a company’s total asset value by total net equity.
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