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Calculating the Debt Ratio and the Debt-to-Equity Ratio Klynveld Company's balance sheet shows...

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Accounting

Calculating the Debt Ratio and the Debt-to-Equity Ratio
Klynveld Company's balance sheet shows total liabilities of $94,000,000, total stockholders' equity of $75,000,000, and total assets of $169,000,000.
Required:
Calculate the debt ratio. Round the debt ratio to the nearest percent.
%
Calculate the debt-to-equity ratio. Round your answer to two decimal places.
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