Required information [The following information applies to the questions displayed below] Thrillyille has $40.3 milion in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 2.0. Thrillville's total assets are $80.3 million, and its liabilities other than the bonds payable are $10.3 million. The company is considering some additional financing through leasing Required: 1. Calculate total stockholders' equity using the balance sheet equation. (Enter your onswer in millions rounded to 1 decimol place (i.e.. $5 , 500 , 000 should be entered as 5.5).) Required information The following information applies to the questions displayed below] Thrillilie has $40.3 milion in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 20 . Thrillille's total assets are $80.3 million, and its liabilities other than the bonds payable are $103 milion. The company is considering some additional financing through leasing. 2. Calculate the debt to equity ratio. (Enter your answers in millions (1.e., $5 , 500 , 000 should be entered os 5.5). Round ratio answer to 2 decimal places. Do not round intermediate calculations.) Required information [The following information applies to the questions displayed below] Thrilville has $403 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 20 . Thrillille's total assets are $80.3 million , and its liabilities other than the bonds payable are $10.3 milion. The company is considering some additional financing through leasing. 3. The company enters a lease agreement requiring lease payments with a present value of $15 , 3 milion. Record the lease. (If no entry is required for o porticular transaction/event, select "No Journol Entry Required" in the first account field. Enter your answer in millions (i.e, $5 , 500 , 000 should be entered as 5.5) rounded to 1 decimal place.) Journal entry worksheet Required information [The following information applies to the questions displayed below] Thriliville has $40.3 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 20 . Thrillvilie's total assets are $80.3 million, and its liabilities other than the bonds payable are $10.3 milion. The company is considering some additional financing through leasing company enters a lease agreement requiting lease payments with a present value of $15.3 million o. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the bond? b. Determine your answer by calculating the debt to equity ratio after recording the lease. Complete this question by entering your answers in the tabs below. The company enters a lease agreement requiring lease payments with a present value of 515.3 million. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the bond
