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The Met Corp reported the following balance sheet information for its most recent fiscal year: Cash Accounts receivable $13,200 38,640 Inventory 87,120 Net plant

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The Met Corp reported the following balance sheet information for its most recent fiscal year: Cash Accounts receivable $13,200 38,640 Inventory 87,120 Net plant and equipment 341,040 Total assets 480,000 Accounts payable 62,160 Notes payable 33,120 Long-term debt 36,000 Total equity 348,720 Total liabilities and equity 480,000 If you were to create a common-size balance sheet for the Met Corp, what value would you enter for Long-Term Debt? 2.75% 7.50% 18.15% 12.95% 71.05%

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