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The balance sheet for Altoid Co. is shown below. ALTOID CO. Balance Sheet At December 31, 2016 Assets: Cash $ 180 Short-term investments 350 Accounts

The balance sheet for Altoid Co. is shown below.

ALTOID CO.
Balance Sheet
At December 31, 2016
Assets:
Cash $ 180
Short-term investments 350
Accounts receivable (net) 450
Inventories 600
Property, plant, and equipment (net)

1,180

Total assets $

2,760

Liabilities and shareholders' equity:
Current liabilities $ 600
Long-term liabilities 750
Paid-in capital 300
Retained earnings

1,110

Total liabilities and shareholders' equity $

2,760

Selected 2016 income statement information for Altoid Co. includes:

Net Sales $ 8,000
Operating expenses

7,210

Income before interest and taxes 790
Interest expense 90
Income tax expense

210

Net income $

490

Required:
Compute the following financial statement ratios for 2016:

ALTOID CO'S DEBT TO EQUITY RATIO....?

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