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Byrd Enterprises has no debt. ils current total value is $50.4 million. Assume the company selis $20.1 million in debt. a. Ignoring taxds, what is

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Byrd Enterprises has no debt. ils current total value is $50.4 million. Assume the company selis $20.1 million in debt. a. Ignoring taxds, what is the debtequity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9. 32.16. b. Assume the company's tax rate is 22 percent. What is the debt-equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16

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