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Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.86 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 1.86 times at the end of 2008. If the firm's total debt at year-end was $9.50 million, how much equity does Trina's Trikes have?
$17.67 million
$9.50 million
$1.86 million
$5.11 million
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