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A firm has total debt of $1,390 and a debtequity ratio of .24. What is the value of the total equity? Select one: a. $5,791.67

A firm has total debt of $1,390 and a debtequity ratio of .24. What is the value of the total equity?

Select one:

a. $5,791.67

b. $3,174.00

c. $2,300.00

d. $1,697.40

e. $6,000.00

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