Cado industries has total debt of $6,800 and a debt-equity ratio of. 36. what is the value of the total assets

Total debt = $6,800

debt equity ratio = 0.36

now first we calculate the total equity by using this formula,

Total equity = total debt / debt equity ratio

total equity = $6,800 /.36

= $18,889

Now total assets = total debt + total equity

Total assets = $6,800 + 18,889

= $25,689

thus the value of assets is $25,689