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Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.25 times at the end of 2018. The firm's total assets at year-end were $33.30 million.
Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.25 times at the end of 2018. The firm's total assets at year-end were $33.30 million.
How much of their assets are financed with debt and how much with equity? (Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 3 decimal places.)
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