Question: Given the compressed balance sheet data ( in $ millions ) for KRJ Enterprises presented below, calculate the debt - equity ratio, using total liabilities

Given the compressed balance sheet data (in $ millions) for KRJ Enterprises presented below, calculate the debt-equity ratio, using total liabilities in the numerator. Present your answer in percentage terms, rounded to one decimal place, e.g.,23.4%.
Total current assets
$248
Total noncurrent assets
$316
Short-term debt
$50
Current portion of long-term debt
$18
Accounts payable
$25
Other current liabilities
$56
Long-term debt
$105
Other long-term liabilities
$66

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