(Solved): Given the following Year 9 selected balance sheet data: Based on the above figures and the definiti ...

Given the following Year 9 selected balance sheet data: Based on the above figures and the definition of the debt:equity percentages (or debt\%:equity\%) presented in the Help section for p. 5 of the Camera and Drone Journal, then it is accurate to say that the company's debt:equity percentages (rounded to the nearest whole percentage-like \( 40 \% \) and \( 60 \% \) ) and its current ratio are \( 40: 60 \) (or \( 40 \%: 60 \% \) ) and \( 3.12 \). \( 38: 62 \) (or \( 38 \%: 62 \% \) ) and \( 2.74 \). \( 29: 71 \) (or \( 29 \%: 71 \% \) ) and \( 1.64 \). \( 34: 66 \) (or \( 34 \%: 66 \% \) ) and \( 3.12 \). \( 31: 69 \) (or \( 31 \%: 69 \% \) ) and \( 2.48 \).