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A firm has $100 million in current liabilities, $400 million in long-term debt, $500 million in stockholders' equity, and total book assets of $1,000 million.

A firm has $100 million in current liabilities, $400 million in long-term debt, $500 million in stockholders' equity, and total book assets of $1,000 million. There are 150 million shares outstanding with a share price of $12. Calculate the book debt ratio and the market debt ratio for the firm. A. 16.7 percent; 26.7 percent

B. 44.7 percent; 15.5 percent

C. 44.4 percent; 18.2 percent

D. 80.0 percent; 22.2 percent

E. 33.3 percent; 50.0 percent

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