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Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.88 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 1.88 times at the end of 2008. If the firm's total debt at year-end was $9.70 million, how much equity does Trina's Trikes have? $1.88 million $18.24 million $9.70 million $5.16 million

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