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Required information [The following information applies to the questions displayed below] Thrillville has $39.8 milion in bonds payable. One of the contractual agreements in the

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Required information [The following information applies to the questions displayed below] Thrillville has $39.8 milion in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 2.0. Thrillille's total assets are $79.8 milion, and its labilities other than the bonds payable are $9.8 million. The company is considering some additional financing through leasing. 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 o 2 decimal places. Do not round intermediate calculations.)

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