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Here are the simplified financial statements of David X Corp. from a recent year: INCOME STATEMENT (Figs in S Mil.) Net Sales Cost of Goods

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Here are the simplified financial statements of David X Corp. from a recent year: INCOME STATEMENT (Figs in S Mil.) Net Sales Cost of Goods Sold Other Expenses Depreciation Earning Before Interest & Taxes Interest Expenses Income Before Tax Taxes Net Income Dividend 13,194 4,060 4,049 2,518 2,566 685 1,882 570 1,311 856 Balance Sheet (Figs in $ Mil.) End of the Start of the year year Cash & marketable Securities 89 158 Receivables 2,382 2,490 Inventories 187 238 Other Current Assets 867 932 Total Current Assets 3,524 3,818 Net Property & Plants Equipment 19,973 19,915 Other Long Term Assets 4,216 3,770 Total Assets 27,714 27,503 Liabilities & Shareholders Equity Payables 2,564 3,040 Short Term Debt 1,419 1,573 Other Current Liabilities 811 787 Total Current Liabilities 4,795 5,400 Long Term Debt & Leases 7,018 6,833 Other Long Term Liabilities 6,178 6,149 Share Holders Equity 9,724 9,120 Total Liabilities & Equity 27,714 27,503 Total Liabilities & Equity Calculate the following financial ratios: 1. Long Term Debt ratio 2. Total Debt Ratio 3. Current Ratio

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