Use the fоllоwing bаlаnce sheet tо аnswer the question. CFX Construction Co. Balance Sheet FY 2016 Period: 10/01/2012 to 09/30/2013 Assets Current Assets: Cash $430,000.00 Billed (Not Received) $100,000.00 Reserve $7,000.00 Work in Progress $125,000.00 Total Current Assets $662,000.00 Fixed Assets: Vehicles $125,000.00 Accumulated Depreciation ($80,000.00) $45,000.00 Equipment $2,500,000.00 Accumulated Depreciation ($1,110,000.00) $1,390,000.00 Buildings $350,000.00 Accumulated Appreciation $112,000.00 $462,000.00 Total Assets $2,559,000.00 Liabilities and Capital Current Liabilities: Accounts Payable $500,000.00 Short Term Expenses and OH $140,000.00 Payroll Taxes Payable $145,000.00 Total Current Liabilities $785,000.00 Long-Term Liabilities: Mortgage Payable $225,000.00 Total Long-Term Liabilities $225,000.00 Total Liabilities $1,010,000.00 Net Worth $1,549,000.00 What is the debt to worth ratio?
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