If the firms total debt at year-end was 34 million how much


Answer the fllowing question

Tiggie's Dog Toys, Inc. reported a debt to-equity ratio of 1.66 times at the end of 2015.

If the firm's total debt at year-end was $34 million, how much equity does Tiggie's have on its balance sheet?

(Enter your answer in millions of dollars rounded to 2 decimal places.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If the firms total debt at year-end was 34 million how much
Reference No:- TGS02821716

Expected delivery within 24 Hours