How much equity does tiggies have on its balance sheet

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Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.83 times at the end of 2015. If the firm's total debt at year-end was $33 million, how much equity does Tiggie's have on its balance sheet? (Enter your answer in millions of dollars rounded to 2 decimal places.)

Reference no: EM131502853

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