Alpha Corporation is prohibited from issuing more senior debt unless net tangible assets exceed $200\%$ of senior debt. Currently, the company has outstanding $$100$ million of senior debt and has net tangible assets of $$250$ million. How much more senior debt can Alpha Corporation issue?

Note: Enter your answer in millions.Problem $25-13$ Covenants

Alpha Corporation is prohibited from issuing more senior debt unless net tangible assets exceed $200\%$ of senior debt. Currently, the

company has outstanding $$100$ million of senior debt and has net tangible assets of $$250$ million. How much more senior debt can

Alpha Corporation issue?

Note: Enter your answer in millions.