How much equity does superior widgets have on its balance

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Reference no: EM132001792

Superior Widgets Manufacturing reported a debt-to-equity ratio of 1.9 times at the end of 2015.

If the company's total debt at the end of the year was $29 million, how much equity does Superior Widgets have on its balance sheet?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132001792

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