Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $16 per share and it has 5.5 million shares outstanding. The firm's total capital is $130 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places.

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.