Byrd Enterprises has no debt. Its current total value is $$47\mathrm{.}4$ million. Assume the company sells $$18\mathrm{.}6$ million in debt.

Ignoring taxes, what is the debt$-$equity ratio?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Assume the company$$s tax rate is $22$ percent. What is the debt$-$equity ratio?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$