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21.Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.97 times at the...

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Accounting

21.Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.97 times at the end of 2008. If the firm's total debt at year-end was $10.30 million, how much equity does Trina's Trikes have? $1.97 million $10.30 million $20.29 million $5.23 million

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