Question
Tiggie's Dog Toys, Incorporated, reported a debt-to-equity ratio of 1.81 times at the end of 2024. If the firm's total debt at year-end was $31
Tiggie's Dog Toys, Incorporated, reported a debt-to-equity ratio of 1.81 times at the end of 2024. If the firm's total debt at year-end was $31 million, how much equity does Tiggie's have on its balance sheet?
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
