Valley Corporation has total debt of $7,500 and a debt-equity ratio of 0.60. 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
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Valley Corporation has total debt of $7,500 and a
debt-equity ratio of 0.60. What is the value of the
total assets?
Transcribed Image Text:Valley Corporation has total debt of $7,500 and a debt-equity ratio of 0.60. What is the value of the total assets?
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