Question: Three Piggies Enterprises has no debt. Its current total value is $73.2 million. Assume the company sells $33.6 million in debt. a. Ignoring taxes, what

Three Piggies Enterprises has no debt. Its current total value is $73.2 million. Assume the company sells $33.6 million in debt. a. 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 b. 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

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