Tiggie's Dog Toys, Inc., reported a debt-to-equity ratio of 1.75 times at the end of 2018. If

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Tiggie's Dog Toys, Inc., reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the firm's total assets at year-end were $25 million, how much of their assets are financed with debt and how much with equity?

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