Consider this simplified balance sheet for Geomorph Trading: Current assets $ 100 $ 60 Current liabilities Long-term assets 500 280 Long-term debt 70 Other liabilities 190 Equity $ 600 $ 600.
a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.) Debt to equity ratio ______
b. Calculate the ratio of debt to total long-term capital. (Round your answer to 2 decimal places.) Debt to total long-term capital ________.