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Required information (The following information applies to the questions displayed below! Thrillville has $40.2 million 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 $40.2 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 $80.2 million, and its liabilities other than the bonds payable are $10.2 million. The company is considering some additional financing through leasing. 2. Calculate the debt to equity ratio. (Enter your answer in millions rounded to 1 decimal place. (ie, $5,500,000 should be entered as 5.5) Answer is complete but not entirely correct. Debt to Equity Ratio Curront liabilities Stockholders equity 1.34 40.2 30.03

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