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Business, 06.04.2020 16:26 tyturbo7

Thrillville has $39.3 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 2.0. ThrillvilleĆ¢s total assets are $79.3 million, and its liabilities other than the bonds payable are $9.3 million. The company is considering some additional financing through leasing.

Calculate total stakeholder equity.

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Thrillville has $39.3 million in bonds payable. One of the contractual agreements in the bond is tha...
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