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Home / Questions / Tiggies Dog Toys Inc reported a debt-to-equity ratio of 175 times at the end of 2018 If th...

Tiggies Dog Toys Inc reported a debt-to-equity ratio of 175 times at the end of 2018 If the firms total assets at year end were $25 million How much of their assets are financed with debt and

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? (Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 3 decimal places.)

 

Apr 28 2020 View more View Less

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