Golden, Inc. Income Statement Sales 8,000 Cost of Sales 6,000 Gross Profit 2,000 Operating Expense 1,750 Operating Income 250 Interest Exp 90 Profit Before Tax 160 Income Tax Exp 60 Net Income 100 Balance Sheet Cash Accounts Receivable Inventory Prepaid Expense Total Current Assets 400 1,200 1,500 50 3,150 Fixed Assets 950 Total Assets 4,100 Accounts Payable Accrued Expenses Total Current Liability 1,350 750 2,100 Long Term Debt 800 Total Liability 2,900 500 Common Stock Retained Earnings Total Equity 700 1,200 Total Liability & Equity 4,100 Refer to the financial statements of Golden, Inc. The firm's debt to cap ratio is