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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 3: Working With Financial Statements
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    Calculate the Value of Total Assets Given the Following Information
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Calculate the Value of Total Assets Given the Following Information

Question 124

Question 124

Multiple Choice

Calculate the value of total assets given the following information: total debt ratio = 0.55; total equity = $7,700.


A) $11,000
B) $17,111
C) $33,000
D) $44,000
E) $55,000

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