RRR Stores has total debt of $6,666 and a debt-equity ratio of 0.59. What is the value of the total assets?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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RRR Stores has total debt of $6,666
and a debt-equity ratio of 0.59.
What is the value of the total assets?
Transcribed Image Text:RRR Stores has total debt of $6,666 and a debt-equity ratio of 0.59. What is the value of the total assets?
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