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Below are selected financial data on XYZ Industries Inc. Based on these data, what is the book-leverage ratio of XYZ? Select the closest one. Balance

Below are selected financial data on XYZ Industries Inc. Based on these data, what is the book-leverage ratio of XYZ? Select the closest one.

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Balance Sheet (in $-billions) Assets Liabilities Cash & Short-Term Investment $5.00 Accounts Payable $25.00 Accounts Receivable $15.00 Short-Term Debt $20.00 Inventory $20.00 Current Maturities of Long-Term Deb $30.00 Other Current Assets $4.00 Other Current Liabilities $18.00 Total Current Assets $44.00 Total Current Liabilities $93.00 Property, Plant & Equipment $410.00 Long-Term Debt Less Accumulated Depreciatior ($110.00) Capital Lease Obligations Net Property, Plant & Equipme $300.00 Total Debt $100.00 $0.00 $100.00 Goodwill & Intangible Assets Other Long-Term Assets $10.00 Deferred Taxes $15.00 Other Long-Term Liabilities ($10.00) $17.00 Total Liabilities $200.00 Shareholders' Equity $169.00 $369.00 Total Liabilities and Shareholders' E $369.00 Total Assets OI. 21.74% O II. 47.02% III. 32.97% IV. 27.78% OV. 79.32%

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