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    A Firm Has Total Debt of $4,850 and a Debt-Equity
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A Firm Has Total Debt of $4,850 and a Debt-Equity

Question 71

Question 71

Multiple Choice

A firm has total debt of $4,850 and a debt-equity ratio of 0.57.What is the value of the total assets?


A) $6,128.05
B) $7,253.40
C) $9,571.95
D) $11,034.00
E) $13,358.77

Correct Answer:

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