Microsoft Corporation is analyzing its debt structure for the fiscal year ending December 31,

20X9. The following data is available:

● Total Assets: $200,000,000

● Total Liabilities: [Calculation 1]

● Long-term Debt: $80,000,000

● Short-term Debt: [Calculation 2]

● Cash and Cash Equivalents: $30,000,000

Calculate the following:

a) Total Liabilities b) Short-term Debt c) Debt Ratio d) Debt-to-Equity Ratio