Multiple Choice
Tierre's Ts, Inc. reported a debt to equity ratio of 3 times at the end of 2018. If the firm's total assets at year-end are $15 million, how much of their assets is financed with equity?
A) $3.75m
B) $5m
C) $11.25m
D) $45m
Correct Answer:
Verified
Correct Answer:
Verified
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