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Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.91 times at the end of 2008. If the firm's total debt at year-end was $10.90 million,
Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.91 times at the end of 2008. If the firm's total debt at year-end was $10.90 million, how much equity does Trina's Trikes have?
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Public Finance
Authors: Richard W. Tresch
2nd Edition
0126990514, 978-0126990515
