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,

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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