a manufacturing company has a debt to equity ratio of 3 to 2. if the company has a debt of $12 milli

Discussion in 'Calculator Requests' started by math_celebrity, Jan 9, 2017.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    a manufacturing company has a debt to equity ratio of 3 to 2. if the company has a debt of $12 million, how much does it have in equity?

    Set up a proportion of debt to equity
    3/2 = 12/x

    Using our proportion calculator, we get:
    x = 8
     
    math_celebrity, Jan 9, 2017
    #1

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