QUESTION 1 Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt ratio, using total liabilities in the numerator. calculate the debt ratio, using total liabilities in the numerator. Present your answer in percentage terms, rounded to two decimal places. e.g., 20.00%. Cash $183 Short-term investments $272 Accounts receivable $396 Inventory $482 Other current assets $243 Fixed assets (net) $1,044 Intangible assets $181 Long-term investments $266 Total assets $3,120 Short-term debt Accounts payable Accrued liabilities Other current liabilities Long-term debt Other long-term liabilities Total liabilities Stockholders' equity $111 $204 $187 $70 $601 $198 $1,618 $1,624 QUESTION 1 Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt ratio, using total liabilities in the numerator. calculate the debt ratio, using total liabilities in the numerator. Present your answer in percentage terms, rounded to two decimal places. e.g., 20.00%. Cash $183 Short-term investments $272 Accounts receivable $396 Inventory $482 Other current assets $243 Fixed assets (net) $1,044 Intangible assets $181 Long-term investments $266 Total assets $3,120 Short-term debt Accounts payable Accrued liabilities Other current liabilities Long-term debt Other long-term liabilities Total liabilities Stockholders' equity $111 $204 $187 $70 $601 $198 $1,618 $1,624