A business has total debt of $1,540 and a debt-to-equity ratio of 0.39. What is the value

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A business has total debt of $1,540 and a debt-to-equity ratio of 0.39. What is the value of the total assets?

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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Posted Date: Jul 10, 2023 12:07 AM

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A business has total debt of $1,540 and a debt-to-equity ratio of 0.39. What is the value

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We need to calculate the value of total assets We used this formula DebttoEquity Ratio To... View the full answer

Entrepreneurial Finance

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