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0 Required information Problem 9-3A Explore the impact of leases on the debt to equity ratio (LO9-3, 9-8) The following information applies to the questions

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0 Required information Problem 9-3A Explore the impact of leases on the debt to equity ratio (LO9-3, 9-8) The following information applies to the questions displayed below.) Thriliville has $41 milion in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 2.0. Thrillville's total assets are $81 million, and its liabilities other than the bonds payable are $11 million. The company is considering some additional financing through leasing. Problem 9-3A Part 3 3. The company enters a lease agreement requiring lease payments with a present value of $16 million. Record the lease. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answer in millions (i.e., $5,500,000 should be entered as 5.5.)) Answer is not complete. No No Account Title Debit Credit No Transaction Recorded

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