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The question is: What is the total debt-to-assets ratio for 2019? Pro-Forma Balance Sheets As of Dec. 31, years ended As of Dec. 31, years

The question is: What is the total debt-to-assets ratio for 2019? image text in transcribed
Pro-Forma Balance Sheets As of Dec. 31, years ended As of Dec. 31, years ending Assets 2019 $176 Cash and equivalents Accounts receivable 593 Inventories 2017 $119 111 163 23 $416 1892 64 1828 2018 $134 403 313 36 $886 2301 107 2194 156 $3,236 2022 $396 2105 1121 68 $3,690 Other current Total current assets Property, plant, and equipment Less: accumulated depreciation Property, plant, equipment net Other fixed assets Total assets 2020 2021 $223 $357 896 1501 989 1450 78 61 $2,186 $3,369 4398 15517 405 3993 5056 192 299 $6,371 $8,724 7834 769 106 $1,644 3014 294 2720 167 $4,531 461 519 7315 639 $11,644 0 $2,244 220 442 73 572 770 1601 154 39 81 1113 104 1217 57 515 653 827 1755 259 19 278 - 23 31 39 Liabilities and Owners Equity Accounts Payable Short-term debt Total current liabilities Long-term debt Total liabilities Equity Common stock Retained earnings Total common equity Total liabilities and equity 53 22 537 676 858 1256 1808 2062 2062 8721 2062 -101 1961 $2,239 2062 856 2918 $3,455 2062 2143 4205 $4,881 4020 6082 $6,940 2062 6147 8209 $9,465 10783 $12,591

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