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Chunky Cheese Pizza has $ 6 0 . 1 million in bonds payable. The bond agreement states that the debt to equity ratio cannot exceed

Chunky Cheese Pizza has $60.1 million in bonds payable. The bond agreement states that the debt to equity ratio cannot exceed 3.03. Chunkys total assets are $200.1 million, and its liabilities other than the bonds payable are $90.1 million. The company is considering some additional financing through leasing.

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