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Debt Management Ratios Zoe's Dog Toys, Incorporated reported a debt to equity ratio of 6 0 times at the end of 2 0 1 8

Debt Management Ratios Zoe's Dog Toys, Incorporated reported a debt to equity ratio of 60 times at the end of 2018. If the firm's total assets at yearend are $50.1 million, how much of their assets is financed with equity?
Multiple Choice
$30.06 million
$83.50 million
$31.31 million
$18.79 million
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