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For Solar Industries and its related but separate financing company Solar Financing Corp. Required: a. Calculate the debt to equity ratio for 2019 and 2020.
For Solar Industries and its related but separate financing company Solar Financing Corp. Required: a. Calculate the debt to equity ratio for 2019 and 2020. (Round the final answers to 2 decimal places.) Solar Industries (in millions) 2020 2019 43,950 37,800 21,602 25,055 Solar Financing Corp (in millions) 2020 2019 89,860 77,552 9,570 8,554 Total Debt (A) Total Equity (B)
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