Ratio Analysis Whitten Corporation's statement of earnings shows the following amounts: current assets, \(\$ 200,000\); current liabilities, \(\$ 80,000\); bonds payable, \(\$ 155,000\); and lease obligations, \(\$ 25,000\). Total stockholders' equity is \(\$ 120,000\).

\section*{Required:}

Calculate the debt to equity ratio. (Note: Round to two decimal places.)

\section*{(7) Brief Exercise