Question
Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.85 times at the end of 2018. If the firm's total debt at year-end was $35
Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.85 times at the end of 2018. If the firm's total debt at year-end was $35 million, how much equity does Tiggie's have on its balance sheet?
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
