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$206 Using the following excerpts from the financial statements of RJ Enterprises, calculate the debt...

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Finance

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$206 Using the following excerpts from the financial statements of RJ Enterprises, calculate the debt equity ratio, using total liabilities in the numerator. Present your answer in percentage terms, rounded to two decimal places, eg, 20.00% Cash $125 Short-term investments Accounts receivable $342 Inventory $480 Other current assets 5208 Fixed assets (net) $1,073 Intangible assets $193 Long-term investments Total assets $3,500 5348 $143 S292 5179 $62 Short-term debt Accounts payable Accrued liabilities Other current liabilities Long-term debt Other long-term Habilities Total liabetes Stodicholders equity 5613 $194 S2, 150 $1,350

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