What is its debt-to-capital ratio

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1. Lexington Motors had current assets of $14,700, net fixed assets of $49,700, and current liabilities of $10,400 at the beginning of the year. At the end of the year, the firm had current assets of $12,300, net fixed assets of $54,100, and current liabilities of $11,150. What is the amount of the change in net working capital for the year? $1,250 $1,050 −$3,150 $5,450

2. Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $15 per share and it has 5.3 million shares outstanding. The firm's total capital is $120 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places.

Reference no: EM131818177

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