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2. XY Company Reported the following Year-End Data: Income Before Interest and taxes Expense $36,000 Cost of Good Sold $20,000 - of $1,800 Interest Expense

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2. XY Company Reported the following Year-End Data: Income Before Interest and taxes Expense $36,000 Cost of Good Sold $20,000 - of $1,800 Interest Expense Total Current Liabilities $18,000 Common Stocks $3,000 $33,000 Long Term Debt Paid in capital $6,000 Total Current Assets $26,000 $40,000 $8,000 Net fixed Assets Retained Earning Compute the Debt to Equity Ratio

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