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Chose one of the answers below. A firm has total debt of $5,900 and a debt-equity ratio of 0.57. What is the value of the
Chose one of the answers below.
A firm has total debt of $5,900 and a debt-equity ratio of 0.57. What is the value of the total assets? (Hints: first find the Equity, and then use the fomular: TA = TL + E)
a. 16,339
b. 16,349
c. 16,359
d.16,369
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