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? A. $16.29 million B. $1.81 million C. $9.00 million D. $4.97 million

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? A. $16.29 million B. $1.81 million C. $9.00 million D. $4.97 million

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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