Question: Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt ratio, using total financial debt in the numerator. Present your answer

 Given the selected financial statement data for KRJ Enterprises presented below,

Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt ratio, using total financial debt in the numerator. Present your answer in percentage terms, rounded to two decimal places. e.g. 20.00%. Cash $158 Short-term investments $294 $391 Accounts receivable Inventory $400 Other current assets $234 Fixed assets (net) $1,156 $214 Intangible assets Long-term investments $291 Total assets $2,964 Short-term debt $171 Current portion of long-term debt $99 Accounts payable $280 Accrued liabilities $230 Other current liabilities $130 Long-term debt $553 Other long-term liabilities $195 Total liabilities $1,084 Stockholders' equity $1,804

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