How much equity does Trina Trikes have

Assignment Help Accounting Basics
Reference no: EM132547953

Question - Trina's trikes reported a debt to equity ratio of 1.94 times at the end of 2008. If the firm's total debt at year end was $10.60 million, how much equity does Trina's Trikes have?

Reference no: EM132547953

Questions Cloud

What is vegetative reproduction : What is vegetative reproduction and what is its occurrence and importance in pteridophytes, gymnosperms, and angiosperms?
Dark and light colored rock pocket mice : Consider the dark and light colored rock pocket mice. Human skin color also comes in different shades. One hypothesis
Reabsorb all of the glucose : In diabetes mellitus, the liver and muscles fail to store glucose as glycogen. As a result, the kidneys cannot reabsorb
What the bid price for this special order is : What The bid price for this special order is? Candle Corp. applies manufacturing overhead costs to products at a budgeted indirect cost
How much equity does Trina Trikes have : Trina's trikes reported a debt to equity ratio of 1.94 times at the end of 2008. How much equity does Trina Trikes have
How much cost would be allocated to the machining : What would be the allocation rate and how much cost would be allocated to the Machining and Assembly Department for the operations of the month?
What is the VAT of the sales : A VAT-registered individual, Mr. Agonias, posted the following information for a taxable month, VAT not included: What is the VAT of the sales
What will be the total cost per unit of the product : Vital Industries manufactured 2,600 units of its product Huge in the month of April. What will be the total cost per unit of the product?
What is the journal entry : Interest on loan will be paid on the first day of each subsequent month. An agreement was signed on a 6-month, 6%, What is the journal entry

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the realized gain and recognized gain

On December 31, Year 5, Tasha sold the property for $102,000, after having taken $47,525 in MACRS depreciation deductions. What is the realized gain, recognized gain and character (1231 (capital) v. ordinary)?

  On june 30 2011 quinn corporations common stock is priced

on june 30 2011 quinn corporations common stock is priced at 31 per share before any stock dividend or splite and the

  Advise Peter as to his tax liability if any

Peter is a farmer with 15 hectares of land on which he has grown oranges since 1970. Advise Peter as to his tax liability, if any

  Zach taylor is settling a 27000 loan due today by making 6

zach taylor is settling a 27000 loan due today by making 6 equal annual payments of 6018.83.what payments must zach

  How do you figure out interest expense on a accrued bank

How do you figure out interest expense on a accrued bank note. Borrowed 750,000 from Lessburgbant.

  How much is included in the gross estate

Accrued rents on the apartment building are as follows" 70,000 (date of death) and 60,000 (six months later). In order to pay expenses, the executor of Arlene's estate sells the Tan stock for $600,000 eight months after her death.

  Compute the amount of under- or overapplied overhead

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. Compute the amount of under- or overapplied overhead for the year

  What was free cash flow for the fiscal year ended

What was free cash flow for the fiscal year ended in 2011? (You may need to do some Internet research to find a definition of free cash flow)

  Calculate cost of direct materials transferred

Earth Company manufactures musical instruments and uses job-order costing. Calculate cost of direct materials transferred into production

  Balance on the completing worksheet

If in preparing a worksheet a adjusted trial balance amount is sorted to the wrong work sheet column will balance on the completing worksheet, but with the wrong net income, if the amounts sorted in error is ?

  In recording its adopted operating budget a village debits

in recording its adopted operating budget a village debits estimated revenues 1000000 and credits appropriations

  Prepare the journal entry to record the disproportionate

Boise Corporation issues a two for one disproportionate stock split.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd