Ratio of long-term debt to long-term debt plus equity poll A firm has $100 million in current liabilities, \$200 million in long-term debt, \$300 million in stockholders' equity, and total assets of $600 million. Calculate the firm's ratio of long-term debt to long-term debt plus equity. 1. 40 percent 2. 20 percent 3. 50 percent 4. 17 percent