Three Piggies Enterprises has no debt. Its current total value is $70.4 million. Assume the company sells $32.2 million in debt. Ignoring taxes, what is the debtequity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debtequity ratio Assume the companys tax rate is 38 percent. What is the debtequity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debtequity ratio