Question: Given the selected financial statement data for KR Enterprises presented below, calculate the debt-to-capital ratio, using total financial debe in the numerator. Present your answer
Given the selected financial statement data for KR Enterprises presented below, calculate the debt-to-capital ratio, using total financial debe in the numerator. Present your answer in percentage terms, rounded to two decimal places, eg, 20.00% Cash $145 Short-term investments $251 Accounts receivable $327 Inventory $479 Other current assets 5216 Fixed assets (not) $1.174 Intangible assets $221 Long-term investments $323 Total assets 53.500 $145 580 $271 $190 Short-term debit Current portion of long-term dobt Accounts payable Accrued liabilities Other current liabilities Long-term dett Other long-term abilities Total liabetes Stockholders' equity $89 5562 $147 $2.101 51.450
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