Question: Save Questions Submit Assignment for Grading Problem 4.02 (Deht to Capital Ratio) Questos A-Z Check My Worke remaining) LD eBook Kaye's Kitchenware has a market/book

Save Questions Submit Assignment for Grading Problem 4.02 (Deht to Capital Ratio) Questos A-Z Check My Worke remaining) LD eBook Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $12 per share and it has 5.2 million shares outstanding. The firm's total capital is $120 million and it finances with only debt and common equity. What is its debit to capital ratio? Round your answer to two decimal places. % ht > 106 AM V23221 2

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