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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

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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 $39.7 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 $79.7 million, and its liabilities other than the bonds payable are $9.7 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 (i.e., $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

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