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The following financial statement data are taken from Xeron Company's 2006 annual report: (in millions) Current assets $12.6 Investments 9.4 Intangibles 6.8 Tangible assets (net)

The following financial statement data are taken from Xeron Company's 2006 annual report: (in millions) Current assets $12.6 Investments 9.4 Intangibles 6.8 Tangible assets (net) 58.1 Current liabilities 6.4 Long-term debt 39.7 Stockholders' equity 40.8 Compute the debt to tangible net worth ratio

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