Three Piggies Enterprises has no debt. Its current total value is $75.2 million. Assume the company sells $34.6 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 30 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