How much equity does tiggie have on its balance sheet

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Reference no: EM131814901

Debt Management Ratios:

Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.70 times at the end of 2018. If the firm's total debt at year-end was $30 million, how much equity does Tiggie's have on its balance sheet? (Enter your answer in millions of dollars rounded to 2 decimal places.)

Total equity=

Reference no: EM131814901

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