Debt Management Ratio's Trina's Trikes Inc reported a debt to equity ratio of 1.91 times at the end of 2018. If the forms total debt at year - end was $10.90 million, how much equity does Trina's Trikes Have?
Debt Management Ratio's Trina's Trikes Inc reported a debt to equity ratio of 1.91 times at the end of 2018. If the forms total debt at year - end was $10.90 million, how much equity does Trina's Trikes Have?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Debt Management Ratio's
Trina's Trikes Inc reported a debt to equity ratio of 1.91 times at the end of 2018.
If the forms total debt at year - end was $10.90 million, how much equity does Trina's Trikes Have?
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