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Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2008. If the firm's total debt at year-end

Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2008. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? $

1.81 million

$16.29 million

$9.00 million

$4.97 million

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