Question: Three Piggies Enterprises has no debt. Its current total value is $74.4 million. Assume the company sells $34.2 million in debt. Ignoring taxes, what is

Three Piggies Enterprises has no debt. Its current total value is $74.4 million. Assume the company sells $34.2 million in debt. Ignoring taxes, what is the debtequity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debtequity ratio ______? Assume the companys tax rate is 34 percent. What is the debtequity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debtequity ratio ____?

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