Three piggies enterprises has no debt its current total, Financial Management

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Three piggies enterprises has no debt its current total

Three Piggies Enterprises has no debt. Its current total value is $76.4 million. Assume the company sells $35.2 million in debt.

Ignoring taxes, what is the debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio

Assume the company's tax rate is 36 percent. What is the debt-equity ratio?

(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio

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