S Assets 68129 Liabilities and Shareholders' Equity Current assets $ 65,000 Current liabilities $ 25,000 Non-current assets 100,000 Long-term liabilities 50,000 Shareholders' equity 90,000 10 Total assets $ 165,000 11 123 Total liabilities and shareholders' equity $ 165,000 (all amounts in thousands) 14 15 16 17 The company's management is evaluating a couple of options to finance the acquisition of new equipment with a cost of $35 million. 18 Required 19 a) Taube has a cash balance of $20 million as of December 31, 2024. Determine the debt to equity ratio and net debt as a percentage of total capitalization ratio. Assume that only the company's long-term liabilities are interest bearing. 20 21 22 23 24 25 26 27