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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) Solar Financing Corp (in millions) 2020 2019 2020 2019 Total Debt (A) 44,650 38,500 90,560 78,252 Total Equity (B) 22,302 25,755 10,270 9,254
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