Below are selected financial data on DCB Industries Inc. The company currently has 2.1 billion shares outstanding and the share price is $30.50 per share. Assume that all cash and short-term investments are considered excess cash. In addition, assume that the market value of debt is equal to the book value of debt. Based on these data, what is the debt-to-enterprise value ratio of DCB? Select the closest one. Assets Cash & Short-Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Balance Sheet (in $-billions) Liabilities $20.00 Accounts Payable $15.00 Short-Term Debt $20.00 Current Maturities of Long-Term Debt $4.00 Other Current Liabilities $59.00 Total Current Liabilities $25.00 $20.00 $15.00 $18.00 $78.00 Property, Plant & Equipment Less Accumulated Depreciation Net Property, Plant & Equipment $320.00 Long-Term Debt ($110.00) Capital Lease Obligations $210.00 Total Debt $85.00 $0.00 $85.00 Goodwill & Intangible Assets Other Long-Term Assets $10.00 Deferred Taxes $15.00 Other Long-Term Liabilities ($10.00) $17.00 Total Liabilities $170.00 Shareholders' Equity $124.00 $294.00 Total Liabilities and Shareholders' Equity $294.00 Total Assets 39.6596 O II. 79.3296 III. 44.3596 IV. 60.9696 O V. 33.57%