Assets		Total Debt and Equity
Current assets	$ 125,000,000	Total debt	$ 156,000,000
		Equity
		Common stock	$ 35,000,000
		Capital surplus	74,000,000
Net fixed assets	245,000,000	Accumulated retained earnings	105,000,000
		Total shareholders' equity	$ 214,000,000
Total assets	$ 370,000,000	Total debt and shareholders' equity	$ 370,000,000

a.	What is the debt-equity ratio based on book values? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
b.	Suppose the market value of the company's debt is $157.5 million and the market value of equity is $670 million. What is the debt-equity ratio based on market values? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)