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Q3. A firm has total debt of $4,695 and a debt-equity ratio of 0.56. What is the value of the total assets? (Hint:Total equity =

Q3. A firm has total debt of $4,695 and a debt-equity ratio of 0.56. What is the value of
the total assets?
(Hint:Total equity = Total debt/D/E ratio
Total assets = Total debt + Total equity )
can you show work?

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