A Firm Has Total Debt of $2,200 and a Debt-Equity

question 83

Multiple Choice

A firm has total debt of $2,200 and a debt-equity ratio of 0.32.What is the value of the total assets?

• A)$2,904
• B)$4,675
• C)$9,075
• D)$6,875
• E)$7,225

---

Definitions:

Protein

A nutrient found in foods such as eggs, meat, fish, legumes, and soy products that provides energy to the body.

Fat

A natural oily substance occurring in animal bodies and plants, serving mainly as a reserve of energy.

Glucose

A simple sugar and an important energy source in living organisms, and the primary source of energy for the human brain.

Orbital Decompression

A surgical procedure used to relieve pressure within the eye socket (orbit), often for conditions like Graves' ophthalmopathy.