Answer:
The Value of the Total assets is $5964.85
Explanation:
The formulae for deriving Debt-equity ratio = debt / equity
Then, Equity = Debt / Debt-equity ratio
Hence Equity= (1480 / 0.33) = $4484.85
Whereas, Total assets = Total liabilities (Debt) + Total equity
Value of the Total assets = 1,480 + 4,484.85
Value of the Total assets = $5964.85
