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Consider this simplified balance sheet for Geomorph Trading: Current assets$335Current liabilities$290Long-term assets690Long-term debt185Other liabilities80Equity470$1,025$1,025 b. What is the ratio of long-term debt to total long-term

Consider this simplified balance sheet for Geomorph Trading:

Current assets$335Current liabilities$290Long-term assets690Long-term debt185Other liabilities80Equity470$1,025$1,025

b.What is the ratio of long-term debt to total long-term capital?(Round your answer to 2 decimal places.)

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