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QUESTION 4 A partial balance sheet for Captain D's Sportswear is shown below. dollars in thousands) Assets: Liabilities $60 Accounts payable 170 Other liabilities $240

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QUESTION 4 A partial balance sheet for Captain D's Sportswear is shown below. dollars in thousands) Assets: Liabilities $60 Accounts payable 170 Other liabilities $240 Cash Accounts receivable 80 (net) 320 110 430 50 Total current liabilities Investments Inventory Prepaid rent 200 Long-term liabilities 25 Total liabilities4 Total current assets 505 Stockholders' equit Property & 255 Common stock 150 Equipment, (net) Retained earnings Total stockholders 180 330 ui $760 Total liabilities and $760 Total assets equity The debt to equity ratio is (rounded to two decimal places) O 0.33. 0.77 1.17

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