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6. Fibonacci Property Management's balance sheet shows total liabilities of $5 million and total assets of $13 million. Interest bearing liabilities total $3 million (book value). The market value of Fibonnacci's equity is $21 million. What is Fibonacci's debt ratio? A) .38 B) .23 C) .125 D) .24 Answer: A 7. Bipolar Beverages total assets equal $360 million. The book value of Bipolar's equity is $180 million. The market value of Bipolar's equity is $250 million. The book value of the company's interest bearing debt is $120 million. Compute Bipolar's Debt Ratio and Debt to Value Ratio. Answer: Debt Ratio =180,000,000/360,000,000=.50 Debt to value ratio =$120,000,000/($120,000,000+250,000,000)=.324