Question: | Chapter 15 Name B Listed below is the ACME Toy Company's Liabilities and Owner's Equity Section from their financial statements. 5 a. What

| Chapter 15 Name B Listed below is the ACME Toy Company's

| Chapter 15 Name B Listed below is the ACME Toy Company's Liabilities and Owner's Equity Section from their financial statements. 5 a. What is the company's debt ratio and interest-bearing debt ratio? 5 b. If the market value of the company is $50 million dollars, what is the firm's 7 B debt to value ratio? (Assume the market value of the firm's interst-bearing debt equals its book value) 0 Liabilities 1 Current liabilities 2 AP 10,000,000 3 Current Debt 2,000,000 4 Total Current Liabilities 12,000,000 5 Long Term Debt 55,000,000 6 Stockholder's Equiity 16,500,000 7 83,500,000 a

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