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Required information [The following information applies to the questions displayed below) Chunky Cheese Pizza has $60.8 million in bonds payable. The bond Indenture states that

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Required information [The following information applies to the questions displayed below) Chunky Cheese Pizza has $60.8 million in bonds payable. The bond Indenture states that the debt to equity ratio cannot exceed 3.10. Chunky's total assets are $200.8 million, and its liabilities other than the bonds payable are $90.8 million. The company is considering some additional financing through leasing. Required: 1. Calculate total stockholders' equity using the balance sheet equation (Enter your answers in millions. (.e., $5,500,000 should be entered as 5.5).) Stockholders' Equity Required information [The following information applies to the questions displayed below.) Chunky Cheese Pizza has $60.8 million in bonds payable. The bond indenture states that the debt to equity ratio cannot exceed 3.10. Chunky's total assets are $200.8 million, and its abilities other than the bonds payable are $90.8 million. The company is considering some additional financing through leasing. 2. Calculate the debt to equity ratio (Enter your answers in millions. (l... $5,500,000 should be entered as 5.5). Round ratio answer to 2 decimal place.) Debt to Equity Ratio million million Required information (The following information applies to the questions displayed below) Chunky Cheese Pizza has $60.8 million in bonds payable. The bond indenture states that the debt to equity ratio cannot exceed 3,10. Chunky's total assets are $200.8 million, and its liabilities other than the bonds payable are $90.8 million. The company is considering some additional financing through leasing. 4-a. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the band agreement? Yes O No 4-b. Calculate the debt to equity ratio (Enter your answer in millions (ie., $5,500,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Dubt to Equity Ratio

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