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.

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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