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    Corporate Finance Study Set 8
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    Exam 3: Financial Statements Analysis and Long-Term Planning
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    A Firm Has Total Debt of $1,200 and a Debt-Equity
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A Firm Has Total Debt of $1,200 and a Debt-Equity

Question 24

Question 24

Multiple Choice

A firm has total debt of $1,200 and a debt-equity ratio of .30.What is the value of the total assets?


A) $1,560
B) $3,000
C) $3,600
D) $4,000
E) $5,200

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