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
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Turner's Inc.has a price-earnings ratio of 16.Alfred's
Q19: A firm has sales of $1,200, net
Q20: Growth can be reconciled with the goal
Q21: The market-to-book ratio is measured as:<br>A)total equity
Q22: Financial planning, when properly executed:<br>A)ignores the normal
Q23: Sustainable growth can be determined by the:<br>A)profit
Q28: The sustainable growth rate will be equivalent
Q48: It is often said that anyone with
Q59: Which two of the following represent the
Q107: A firm has 5,000 shares of stock