Final answer:
The value of the total assets is approximately $4,285.71.
Step-by-step explanation:
The value of total assets can be calculated using the formula:
Total assets = Total debt / Debt-equity ratio
In this case, the total debt is $1,500 and the debt-equity ratio is 0.35. Therefore, the value of total assets would be:
Total assets = $1,500 / 0.35 = $4,285.71
So, the value of the total assets is approximately $4,285.71.