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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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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