Required information [The following information applies to the questions displayed below.) Monte Hacho Industries is a Buffalo, New York-based manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities: Acquisitions (investments in other companies) Increase in inventories Depreciation and anortization Long-term debt reduction. Net income $ (112,748) (11,501) 26,881 (78,058) 47,395 Net cash provided by operating activities 17,923 Net proceeds from issuance of common stock 41 Net proceeds from sale of property and equipment Proceeds from long-term debt 1,296 74,549 Proceeds from sale of other equity investmental Purchases of property, plant, and equipment 70,068 (12,252) 2. Compute the capital acquisitions ratio. Note: Round your answer to 2 decimal places. Capital acquisitions ratio