cer 13 Assignment Saved Problem 13-15 M&M (LO 1) Bird Enterprises has no debt. Its current total value is $50.8 million. Assume the company sells $20.3 million in debt. ok a. 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.) b. Assume the company's tax rate is 24 percent. What is the debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) ices a. Debt-equity ratio b. Debt-equity ratio 0.40 566, 720.00