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Chunky Cheese Pizza has $60.6 million in bonds payable. The bond indenture states that the debt to equity ratio cannot exceed 308. Chunky's total assets
Chunky Cheese Pizza has $60.6 million in bonds payable. The bond indenture states that the debt to equity ratio cannot exceed 308. Chunky's total assets are $200.6 million, and its liabilities other than the bonds payable are $90.6 million. The company is considering some additional financing through leasing. 7. 10.00 points Required information Required: 1. Calculate total stockholders' equity using the balance sheet equation. (Enter your answers in millions rounded to 1 decimal place. (i.e., $5,500,000 should be entered as 5.5) Stockholders' Equity Liabilities Assets
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