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7 Required information Part 2 of 4 Problem 9-3A Explore the impact of leases on the debt to equity ratio (LO9-3, 9-8) [The following information
7 Required information Part 2 of 4 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. 0.25 points Thrillville has $41 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 $81 million, and its liabilities other than the bonds payable are $11 million. The company is considering some additional financing through leasing. eBook Problem 9-3A Part 2 Print 2. Calculate the debt to equity ratio. (Enter your answer in millions rounded to 1 decimal place. (i.e., $5,500,000 should be entered as 5.5)) References Debt to Equity Ratio =
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