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Three Piggies Enterprises has no debt. Its current total value

Question : Three Piggies Enterprises has no debt. Its current total value : 6701

Three Piggies Enterprises has no debt. Its current total value is $73.2 million. Assume the company sells $33.6 million in debt.TIgnoring taxes, what is the debt–equity ratio? Assume the company’s tax rate is 38 percent. What is the debt–equity ratio?

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Taxation 10 Months Ago 156 Views
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