Debt Management Ratios Trina's Trikes, Inc, reported a debt-to-equity ratio of 2 times at the end of 2011. If the firm's total debt at year-end was $10 million, how much equity does Trina's Trikes have? $2 million $5 million $10 million $20 million Statement of Retained Use the following information to find dividends paid to common stockholders during 2008. Balance of Retained Earnings, December 31, 2007 $52m. Plus: Net Income for 2008 Less: Cash Dividends Paid Preferred Stock $7m. Common Stock 10m. Total Cash Dividends Paid 17m. Balance of Retained Earnings, December 31, 2008 $56m. $3 million $4 million $10 million $17 million Isaac realizes that he charged too much on his credit card and has racked up $5,000 in debt. If he can pay $225 each month and the card charges 17.55% APR (compound monthly), how long will it take him to pay off the credit card? 19.14 months 21.27 months 22.62 months 27.07 months Asset Management Ratios Rachets R Us Corp. reported sales for 2011 of $200, 000. Rachets R Us listed $25,000 of inventory on its balance sheet. Using a 365-day year, how many days did Rachets R Us's inventory stay on the premises? How many times per year did Rachets R Us's inventory turn over? 0.125 days, 8 times, respectively 0.125 days, 5 times, respectively 45.625 days, 8 times, respectively 45.625 days, 5 times respectively