Debt Management Ratio Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.89 times at the end...
Debt Management Ratio Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.89 times at the end of 2008. If the firm;s total debt at year end was $9,80 million, how much equity does Trina;s Trikes have? a. $1.89 million b, $9.80 million c, $18.52 million d. $5,19 million
Homework Answers
| d. $5,19 million | |
| Dear Student | |
| Thank you for using homeworklib | |
| Please find below the answer | |
| Statementshowing Computations | |
| Paticulars | Amount |
| Debt-to-equity ratio or Debt/Equity | 1.89 |
| Total debt at year end | 9,800,000.00 |
| Equity = 9.8M/1.89 | 5,185,185.19 |
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Debt Management Ratio Trina's Trikes, Inc. reported a
debt-to-equity ratio of 1.89 times at the end...
Week 3 Quiz A A Saved Help Save & Exit Submi Debt Management Ratios Trina's Trikes,...
Week 3 Quiz A A Saved Help Save & Exit Submi Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2018. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? Multiple Choice points (8 00:50:07 $9.00 million eBook $16.29 million Oo oo $1.81 million $4.97 million
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Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of 210 times at the end of 2018. If the firm's total assets at year-end are $49.5 million, how much of their assets is financed with equity? Profitability and Asset Management Ratios You are thinking of investing in Tikki's Torches, Inc. You have only the following information on the firm at year-end 2018: net income = $680,000, total debt = $13.8 million, debt ratio = 43%. What...
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Profitability and Asset Management Ratios You are thinking of investing in Tikki's Torches, Inc. You have...
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Week 3 Quiz A A Saved Help Save & Exit Submi Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2018. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? Multiple Choice points (8 00:50:07 $9.00 million eBook $16.29 million Oo oo $1.81 million $4.97 million
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