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

Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt-to-capital ratio, using total financial debt in the numerator. Present your answer in percentage terms, rounded to two decimal places, e.g., 20.00%. Cash $125 Short-term investments $273 $488 Accounts receivable Inventory $550 Other current assets $173 $1,048 Fixed assets (net) Intangible assets Long-term investments $175 $295 Total assets $3,168 Short-term debt $154 Current portion of long-term debt $46 Accounts payable $217 Accrued liabilities $173 Other current liabilities $134 $786 Long-term debt Other long-term liabilities $138 Total liabilities $1,386 Stockholders' equity $1,465
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