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Scrunchy Masks Corp. has just become public during the pandemic. Here is some random and...

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Scrunchy Masks Corp. has just become public during the pandemic. Here is some random and current information about the company: Shares outstanding 300,000 Share Price $4.50 Net Income $450,000 Tax Rate 30% Depreciation expense $100,000 Market Value of Debt $500,000 Cash $300,000 Interest Expense $20,000 What is the Debt-to-Enterprise Value Ratio? 13.6% 11.2% 12.9% 14.8%

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