Question 12 Using FactSet's 2016 balance sheet below, what is the company's debt to asset ratio for 2016? 31-Dec 2016 2015 (in thousands) ASSETS Current assets Cash and cash equivalents $100,000 $ 95,000 Short-term investments 145,000 135,000 Accounts receivable (net) 200,000 45,000 Inventories 26,000 82,000 Other 4,000 75,000 Total current assets 475,000 432,000 Property and equipment (net) Equity and other investments Total assets 105,000 102,000 31,500 40,000 $611,500 $ 574,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Short-term debt Other Total current liabilities $ 35,000 $ 60,000 6,000 51,000 45,000 25,000 86,000 136,000 Long term debt Total liabilities 200,000 286,000 160,000 296,000 Stockholders' equity Property and equipment (net) Equity and other investments Total assets 105,000 102,000 31,500 40,000 $611,500 $ 574,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Short-term debt Other Total current liabilities $ 35,000 $ 60,000 6,000 51,000 45,000 25.000 86,000 136,000 Long term debt Total liabilities 200,000 286,000 160,000 296,000 Stockholders' equity Common stock and paid in-capital Retained earnings Treasury stock Total stockholders' equity Total liabilities and stockholders' equity 205,000 200,000 125,000 78,000 (4,500) 325,500 278,000 $611,500 $ 574,000 O A. 46.8% O B.60.2% O c. 48.2% O 0.49.1%