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A firm has total equity of $1,200 and a debt-equity ratio of .40. What is the value of the total assets? A. $2,080 B. $1,680

A firm has total equity of $1,200 and a debt-equity ratio of .40. What is the value of the total assets?

A.

$2,080

B.

$1,680

C.

$2,280

D.

$1,480

E.

$1,280

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