Debt Management Ratios Tierre's Ts, Inc. reported a debt to equity ratio of 3.0 times at the end of 2018. If the firm's total assets at year-end were $15.0 million, how much of their assets are financed with equity?
A. $11.25 m
B. $5.00 m
C. $3.75 m
D. $45.00 m
Answer: C
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