Tierre's Ts, Inc

question 101

Multiple Choice

Tierre's Ts, Inc. reported a debt to equity ratio of 3 times at the end of 2018. If the firm's total assets at year-end are $15 million, how much of their assets is financed with equity?

• A) $3.75m
• B) $5m
• C) $11.25m
• D) $45m

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