A company must repay the bank a single payment of $23,000 cash in 4 years for a loan it entered into. The loan is at 7% interest compounded annually. The present value of 1 (single sum) at 7% for 4 years is 7629. The present value of an annuity (series of payments) at 7% for 4 years is 3.3872. The present value of the loan (rounded) is: Multiple Choice $17,547 Oo $23,000. $26,773. $6,790. O $77,906 Charger Company's most recent balance sheet reports total assets of $30,600,000, total liabilities of $17,850,000 and total equity of $12,750,000. The debt to equity ratio for the period is (rounded to two decimals): Multiple Choice O 0.58 1.71 0.42 O 0.71 1.40 O