A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 60,000 Current liabilities 75,000 Long-term liabilities 80,000 Common stock 165,000 Retained earnings $380,000 Total liabilities and equity $ 95,000 20,000 120,000 145,000 $380,000 Multiple Choice 0.43 1.42 2.26 0.30 0.70