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HELP!!! Required Information Problem 9.4A (Algo) Explore the impact of leases on the debt to equity ratio (LO9-3, 9-8) {The following information applies to the

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Required Information Problem 9.4A (Algo) Explore the impact of leases on the debt to equity ratio (LO9-3, 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 lobilities other than the bonds payable are $10.3 milion. The company is considering some additional financing through leasing Problem 9.4A (Algo) Part 3 3. The company enters a lease agreement requiring lease payments with a present value of $15.3 millon. Record the lease. Of no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answer in millions (le, $5,500,000 should be entered as 5.5) rounded to 1 decimal place.)

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