question archive Debt Management Ratios Trina's Trikes, Inc
Debt Management Ratios Trina's Trikes, Inc
Subject:FinancePrice: Bought3
Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.93 times at the end of 2008. If the firm's total debt at year-end was $10.70 million, how much equity does Trina's Trikes have?
$20.65 million
$1.93 million
$10.70 million
$5.54 million
