South valley Incorporated is interested in assessing the following scenarios on its indicators of$$ liquidity, solvency, and profitability. Solve each scenario independently.issued the bonds?

decimal place and enter the debt$-$to$-$equity ratio as a decimal to two places, X$.$XX; not a percentage.$)$

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a$.$ South Valley's debt$-$to$-$equity ratio is $42\%.$ It is considering issuing $$10$ million in bonds

that would increase its total liabilities to $$63$ million. What would South Valley's

debt$-$to$-$equity ratio be if it issued the bonds?

b$.$ South Valley's currrent ratio is $1\mathrm{.}47.$ It is considering issuing $$32$ million in bonds to

purchase a new manufacturing facility. Its current liabilities are $$25$ million but the new

debt would increase the current portion of its long$-$term debt payable by $$3\mathrm{.}7$ million.

What would South Valley's current ratio be if it issued the bonds and used the proceeds

to purchase the facility?