###### Asked by Andy Blackwell in Uncategorized

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# What is total manigfication?

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## Related Questions

###### Asked in Investing and Financial Markets, Business Accounting and Bookkeeping, Financial Statements

### Does total debt equal total assets minus total equities?

Yes, the accounting equation, total assets = total liabilities +
total equity, may be rewritten to determine total debt as being
equal to total assets - total of owner's equity. Simply stated, the
total assets (the firm's value) is broken up between total debt
(what you owe) and owner's equity (what you own).

###### Asked in Business Accounting and Bookkeeping, Investing and Financial Markets

### Breckenridge Ski Company has total assets of 422235811 and a debt ratio of 29.5 percent Calculate the companys debt-to-equity ratio and the equity multiplier?

What is given is: total assets = $422,235,811 Debt ratio = 29.5%
Find: debt-to-equity ratio Equity multiplier Debt-to-equity ratio =
total debt / total equity Total debt ratio = total debt / total
assets Total debt = total debt ratio x total assets = 0.295 x
422,235,811 = 124,559,564.2 Total assets = total equity + total
debt Total equity = total assets - total debt = 422,235,811 -
124,559,564.2 = 297,676,246.8 Debt-to-equity ratio = total debt /
total equity = 124,559,564.2 / 297,676,246.8 = 0.4184 Equity
multiplier = total assets / total equity = 422,235,811 /
297,676,246.8 = 1.418