Tiggies Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2015. If

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Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2015. If the firm’s total debt at year-end was $25 million, how much equity does Tiggie’s have on its balance sheet?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:22 AM

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Tiggies Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2015. If

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Finance Applications and Theory

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