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Balance sheet Assets (in KD) Cash 166793 Accounts receivable 100000 Inventory 210000 Property, Equipment, Plants 1500000 Less: Amortization 50000 Liabilities in KD) Accounts payable Accrued

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Balance sheet Assets (in KD) Cash 166793 Accounts receivable 100000 Inventory 210000 Property, Equipment, Plants 1500000 Less: Amortization 50000 Liabilities in KD) Accounts payable Accrued expenses Notes payables Long-term borrowings Total liabilities Total equity 80000 100000 180000 400000 Total assets Total Liabilities and Total Equity Consider the above balance sheet. Calculate the debt ratio of this company. In the reasons box, explain your answer in a sentence. Note: Use two decimal points in your answer (0.23, 0.58,...) Answer: Give your reasons 7 A B I Fr iii %

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