A firm has total debt of $1,200 and a debt-equity ratio of .40. What is the value of the total assets?
A) $1,680
B) $3,000
C) $3,520
D) $4,200
E) $5,300

Name: A firm has total debt of $1,200 and a debt-equity ratio of .40. What is the value of the total assets? A) $1,680 B) $3,000 C) $3,520 D) $4,200 E) $5,300
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The Answer of A firm has total debt of $1,200 and a debt-equity ratio of .40. What is the value of the total assets?
A) $1,680
B) $3,000
C) $3,520
D) $4,200
E) $5,300

A Firm Has Total Debt of $1,200 and a Debt-Equity