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HELP!!! Required information Problem 9.4A (Algo) Explore the impact of leases on the debt to equity ratio (L09-3, 9-8) [The following information applies to the
HELP!!! Required information Problem 9.4A (Algo) Explore the impact of leases on the debt to equity ratio (L09-3, 9-8) [The following information applies to the questions displayed below) Thrillville has $40.3 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 $80.3 million, and its liabilities other than the bonds payable are $10.3 million. The company is considering some additional financing through leasing. Problem 9-4A (Algo) Part 2 2. Calculate the debt to equity ratio. (Enter your answers in millions (ie. $5,500,000 should be entered as 5.5). Round ratio answer to 2 decimal places. Do not round Intermediate calculations.) Debt to Equity Ratio Numerator/Denominator Amounts ces
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