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COVI EBSC E Evide How Tom NW Vio Logo PVIF My ucation.com/ext/map/index.html?.con-conexternal browser enchurlihttp%253A%252F%252Fima.meducation.com.262 mohiniidide This window shows your responses and what was marked correct

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COVI EBSC E Evide How Tom NW Vio Logo PVIF My ucation.com/ext/map/index.html?.con-conexternal browser enchurlihttp%253A%252F%252Fima.meducation.com.262 mohiniidide This window shows your responses and what was marked correct and incorrect from your previous attempt. Required Information The following information applies to the questions displayed below. Thrillville has $40.8 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 $80.8 million, and its abilities other than the bonds payable are $10.8 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. Ile. $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Total liabilities Debt to Equity Ratio Stockholders' equily 20 2.35 88 MacBook Air bo D 21 219 & COVI EBSC E Evide How Tom NW Vio Logo PVIF My ucation.com/ext/map/index.html?.con-conexternal browser enchurlihttp%253A%252F%252Fima.meducation.com.262 mohiniidide This window shows your responses and what was marked correct and incorrect from your previous attempt. Required Information The following information applies to the questions displayed below. Thrillville has $40.8 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 $80.8 million, and its abilities other than the bonds payable are $10.8 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. Ile. $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Total liabilities Debt to Equity Ratio Stockholders' equily 20 2.35 88 MacBook Air bo D 21 219 &

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