Question: Saved Bird Enterprises has no debt. Its current total value is $48.8 million. Assume the company sells $19.3 million in debt. a. Ignoring taxes, what

 Saved Bird Enterprises has no debt. Its current total value is

Saved Bird Enterprises has no debt. Its current total value is $48.8 million. Assume the company sells $19.3 million in debt. 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.) 1414 a. Debl-equity ratio b. Debl-equity ratio

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