Three Piggies Enterprises has no debt. Its current total value is $70.4 million. Assume the company sells $32.2 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 0.4573 incorrect Assume the companys tax rate is 38 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 0.2835 incorrect