Calculate the value of total assets given the following information: total debt ratio = 0.55; total equity = $7,700.
A) $11,000
B) $17,111
C) $33,000
D) $44,000
E) $55,000

Question

Quizplus · Accepted Answer

The Answer of Calculate the value of total assets given the following information: total debt ratio = 0.55; total equity = $7,700.
A) $11,000
B) $17,111
C) $33,000
D) $44,000
E) $55,000

Calculate the Value of Total Assets Given the Following Information