it is a 4 part question
Return to question Thrillville has $39.6 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 $79.6 million, and its liabilities other than the bonds payable are $9.6 million. The company is considering some additional financing through leasing Required: Calculate total stockholders' equity using the balance sheet equation (Enter your answer in millions rounded to 1 Recimal place. (i.e., $5,500,000 should be entered as 5.5).) Answer is not complete. Stockholders' Equity Liabilities S 49,200.000.0 Assets 79.6 Thrillville has $39.6 milion 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 $79.6 million, and its liabilities other than the bonds payable are $9.6 million. The company is considering some additional financing through leasing 2. Calculate the debt to equity ratio. (Enter your answer in millions. (i.e., $5,500,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio Heip Save & Exit Submit Check my work 00 Thrillville has $39.6 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 $79.6 million, and its liabilities other than the bonds payable are $9.6 million. The company is considering some additional financing through leasing rt 3 of 4 3. The company enters a lease agreement requiring lease payments with a present value of $146 million Record the lease (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answer in millions (.e., S5,500,000 should be entered os 5.5.).) eBook View transaction list Print erences Journal entry worksheet mapter 9 Assignment Saved Help Save & Exit Submit Check my work 9 Thrillville has $39.6 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 $79.6 million, and its abilities other than the bonds payable are $9.6 million. The company is considering some additional financing through leasing Part 4 of 1 4-a. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the bond? 5 points Yes O No cBook Punt References 4-b. Determine your answer by calculating the debt to equity ratio after recording the lease (Enter your answer in millions. (i.e., $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio Check my work Required information 4-b. Determine your answer by calculating the debt to equity ratio after recording the lease. (Enter your answer in millions. (i.e., $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio
