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Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of .60 times at the end of 2008. If the firm's total

Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of .60 times at the end of 2008. If the firm's total assets at year-end were $50.1 million, how much of their assets are financed with equity?

$31.31m

$83.50m

$30.06m

$18.79m

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