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The recent Balance Sheet for Cupcake Palooza included the following information: Cash: 12 Short-term investments: 86 Net Receivables: 98 Inventory: 47 Prepaid Expenses: 12 Total

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The recent Balance Sheet for Cupcake Palooza included the following information: Cash: 12 Short-term investments: 86 Net Receivables: 98 Inventory: 47 Prepaid Expenses: 12 Total Assets: 1697 Current Liabilities: 189 Total Liabilities: 1248 Net Income After Tax: 293 Based on this information, what is the Debt to Total Assets ratio for the company to the nearest whole number (as a percent)? Express your response as a number, such as 33 if you think their Debt to Total Assets ratio is 33% 33 if you think their Debt to Total Assets ratio is 33\%

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