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23. A firm has total debt of $2,500 and a debt-equity ratio of .40. What is the value of the total assets? A. $1,560 B.
23. A firm has total debt of $2,500 and a debt-equity ratio of .40. What is the value of the total assets?
A. $1,560
B. $3,000
C. $5,250
D. $7,500
E. $8,750
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