Thriville has 40.1 million in bonds payable. One of the contractual agreements in the bond is that the debt of equity ratio cannot exceed 2.0. Thriville's total assets are 80.1 million and its liabilities other than the bonds people are 10.1 million. The company is considering some additional financing without leasing.

Required information [The foliowieg initarmation applies ro the questions disployed belowy Theilivilio has $40 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio The compony is considering some oddetional financing through leosing 2. Calculste the debt to equity ratio. (Enter your antswer in millions rounded to 1 decimal place, (1.e., 55,500,000 should be entered at 5.5) Required information (The following (nformation applies to the questions displayed betow) Thrillilite has $40.1 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio. cannot exceed 20. Thrilifite's total assets are 58.01 million, and its llabilities other than the bonds payable are 510.1m. The company is considering some additional financing through leasing. Requited: 1. Calculate total stockholders' equity using the balance sheet equation, (Enter your answer in millions rounded to 1 decimal piace. (l.e., {5,500,000 should be entered as 5.5). 3. The company enters a lease agreement requiring lease payments with a present vatue of $15.1 million. Record the lease, (if no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account fied. Enter your answer in militions (i.e., $5,500,000 should be entered as 5,5.1) Journal entry worksheet Reguires information Yat