A firm has total debt of $1,200 and a debt-equity ratio of .30.What is the value of the total assets?
A)$1,560
B)$3,000
C)$3,600
D)$4,000
E)$5,200

Name: A firm has total debt of $1,200 and a debt-equity ratio of .30.What is the value of the total assets? A)$1,560 B)$3,000 C)$3,600 D)$4,000 E)$5,200
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The Answer of A firm has total debt of $1,200 and a debt-equity ratio of .30.What is the value of the total assets?
A)$1,560
B)$3,000
C)$3,600
D)$4,000
E)$5,200

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