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Required informetion [The following information applies to the questions displayed below] Thrilville has $39.4 million in bonds payable. One of the contractual agreements in the

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Required informetion [The following information applies to the questions displayed below] Thrilville has $39.4 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 20 . Thriliville's total assets are $79.4 million, and its liabilites other than the bonds payable are $9.4 milion. The compary is considering some additional financing through leasing L Calculate the debt to equity ratio, (Enter your answers in millions (i.e., $5,500,000 should be entered as 5.5 ). Round ratio onswer to 2 decimal ploces. Do not round intermediote calculations.)

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