Question: 12. Based on recent financial statement data for Quantity Foods, Inc. (QF), shown below, what's QF's long term debt-to-equity ratio? (rounded) Current liabilities $180income before
12. Based on recent financial statement data for Quantity Foods, Inc. (QF), shown below, what's QF's long term debt-to-equity ratio? (rounded) Current liabilities $180income before interest and taxes$125 10% Bonds, long-term 360Interest expense 36 Total liabilities 540Income before tax 89 Shareholders' equity Income tax 27 Capital stock 200Net income $62 Retained earnings 280 Total shareholders' equity 480 Total liabilities and equity $1,020 O A. 0% OB. 75% O C. 180% D. 133.39
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