Following is select information for Park Company: Balance Sheet 2020 December 31, 2019 December 31, Total assets $3,800 $4,400 Bonds and notes payable 720 820 Pension and other post-employment liabilities 240 340 Deferred income tax liabilities 200 280 Total long-term liabilities 1,160 1,440 Preferred stock (par) 200 200 200 200 Common stock ($1 par) Additional paid-in capital - common stock Retained earnings 1,100 1,100 300 520 2.020 Equity attributable to Park Company shareholders 1,800 The long-term debt to long-term capital ratio as of December 31, 2020 is