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Required information [The following information applies to the questions displayed below] Thriliville has $39.4 miltion 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] Thriliville has $39.4 miltion in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 20 . Thrilivile's total assets are $79.4 million, and its llabilities other than the bonds payable are $9.4 million. The company is considering some additional financing through leasing. Required: 1. Calcuiate total stockholders' equity using the balance sheet equation. (Enter your answer in millions rounded to 1 decimal place Le, $5,500,000 should be entered os 5.5)

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