Check m Required information [The following information applies to the questions displayed below.) Thrillville has $40 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 million, and its liabilities other than the bonds payable are $10 million. The company is considering some additional financing through leasing. Required: 1. Calculate total stockholders' equity using the balance sheet equation. (Enter your answer in millions rounded to 1 decimal pla (i.e., $5,500,000 should be entered as 5.5).) Stockholders' Equity Homework Help Save EXIT Submit Check my work Required information [The following information applies to the questions displayed below.) Thrillville has $40 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 million, and its liabilities other than the bonds payable are $10 million. The company is considering some additional financing through leasing. 2. Calculate the debt to equity ratio. (Enter your answer in millions. (i.e., $5,500,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio Check my w Required information (The following information applies to the questions displayed below.) Thrillville has $40 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 million, and its liabilities other than the bonds payable are $10 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