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In 2018 a company reported the following (in millions of dollars): Net Sales - $11.87 Cost of Goods Sold: $2.45 Income Taxes: $1.27 As of

In 2018 a company reported the following (in millions of dollars):

Net Sales - $11.87

Cost of Goods Sold: $2.45

Income Taxes: $1.27

As of December 31, 2018 the company had $0.77 in cash and securities, $1 in accounts receivable, and $1.83 in inventory.

It owed $1.12 in current liabilities and $2.47 in long-term debt.

Calculate the debt to asset ratio.

Enter the answer as a percentage, without the % symbol. Maintain 2 places after the decimal point. For example, 0.1234 must be entered as 12.34.

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