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The Pelican Resort Hotel reported a debt to equity ratio of 1.75 at the end of 2008. If the firms total debt at the end
The Pelican Resort Hotel reported a debt to equity ratio of 1.75 at the end of 2008. If the firms total debt at the end of 2008 was $25 million, what was the total owners equity for the Pelican Resort Hotel at the end of 2008?
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