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Problem 3-5 Debt Management Ratios (LG3-3) Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.69 times at the end of 2018. If the firm's

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Problem 3-5 Debt Management Ratios (LG3-3) Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.69 times at the end of 2018. If the firm's total debt at year-end was $31 million, how much equity does Tiggie's have on its balance sheet? (Enter your answer in millions of dollars rounded to 2 decimal places.) Total equity million

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