The statement of financial position as of December 31, 2020, for Taube Corporation follows: (all amounts in thousands Assets Liabilities and Shareholders' Equity Current assets $69,000 Current liabilities $25,000 Non-current assets 107.000 Long-term liabilities 46,000 Shareholders' equity 105,000 Total liabilities and Total assets $176,000 shareholders' equity $176,000 The company's management is evaluating a couple of options to finance the acquisition of new equipment with a cost of $38 million Taube has a cash balance of $19 million as of December 31, 2020. Determine the debt to equity ratio and net debt as a percentage of total capitalization ratio. Assume that only the company's long-term liabilities are interest bearing (Round answers to 2 decimal places, eg. 1.25.) -1 Debt to Equity Net Debt as a Percentage of Total Capitalization .1 eTextbook and Media Taube is considering borrowing $38 million by taking out a six-year bank loan that carries 10% interest payable semi-annually. Determine the company's debt to equity and debt as a percentage of total capitalization ratiosifit decides to borrow the money and purchase the equipment. (Round answers to 2 decimal places, eg. 1.25.) :1 Debt to Equity Net Debt as a Percentage of Total Capitalization