Incorrect Question 6 01 The debt-to-equity ratio of ABC Corp. is 1.5. What is the percentage of debt in the financial structure of ABC Corp? 33.33% 66.67% 60% O 40% Incorrect Question 7 017 pt In December 2020, Montana Railroad Inc.'s share price was $65.50. They had 90 million shares outstanding, a market-to- book ratio of 2.75. In addition, Montana Railroad had $900 million in outstanding debt, $163.82 million in net income, and cash of $100 million. Calculate the book equity of Montana Railroad. $16.21 billion 0 $5.90 billion O $2.14 billion $3.65 billion