Answer:
Trina's Trikes have equity of 5.03 million
Explanation:
Debt to equity ratio is the rate of debt as compared to equity of the firm.
We can calculate the amount of equity by using formula of debt to equity
Debt to equity = Total Debt / Total equity
1.83 = 9.2 million / Total equity
Total Equity = 9.2 million / 1.83
Total Equity = 5.03 million
Answer:
1928
Explanation:
hope this help:)) 100% correct
Answer:
I think these are personal questions which means there is no right answer
Answer:
Paid -in Excess capital as on December 31, 2021 $124 million
Explanation:
The computation of the amount reported as a additional paid-in capital is shown below
For Jan 1, 8 million × $15 $120 million
For June 3, 2 million × $18 ($36 million)
For December 28, 2 million × $20 $40 million
Paid -in Excess capital as on December 31, 2021 $124 million
