5 Required information. [The following information applies to the questions displayed below.] Thrillville has $40.4 million 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 $80.4 million, and its liabilities other than the bonds payable are $10.4 million. The company is considering some additional financing through leasing. 4-a. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the bond? Yes O No 4-b. Determine your answer by calculating the debt to equity ratio after recording the lease. (Enter your answer in millions. (i.e., $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio 1 10 Part 1 of 4 points Required information [The following information applies to the questions displayed below] Thrillville has $40.4 million 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 $80.4 million, and its liabilities other than the bonds payable are $10.4 million. The company is considering some additional financing through leasing. eBook Prie References Required: 1. Calculate total stockholders' equity using the balance sheet equation. (Enter your answer in millions rounded to 1 decimal place. (.e.. $5,500,000 should be entered as 5.5).) Stockholders' Equity 1 11 Part 2 of 4 points eBook Print References Required information [The following information applies to the questions displayed below.] Thrillville has $40.4 million 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 $80.4 million, and its liabilities other than the bonds payable are $10.4 million. The company is considering some additional financing through leasing. 2. Calculate the debt to equity ratio. (Enter your answer in millions rounded to 1 decimal place. (l.e., $5,500,000 should be entered as 5.5) Debt to Equity Ratio art 3 of 4 ints eBook Print References Required information [The following information applies to the questions displayed below.] Thrillville has $40.4 million 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 $80.4 million, and its liabilities other than the bonds payable are $10.4 million. The company is considering some additional financing through leasing. 3. The company enters a lease agreement requiring lease payments with a present value of $15.4 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.).) View transaction list Journal entry worksheet < Record a lease agreement. Note: Enter debts before credits. No Account Title Debit Credit 13 Part 4 of 4 1 points ellook Print References Required information [The following information applies to the questions displayed below.] Thrillville has $40.4 million 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 $80.4 million, and its liabilities other than the bonds payable are $10.4 million. The company is considering some additional financing through leasing. 4-a. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the bond? Yes No 4-b. Determine your answer by calculating the debt to equity ratio after recording the lease. (Enter your answer in millions. (i.e.. $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio