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A partial balance sheet for Captain D ' s Sportswear is shown below: ( dollars in thousands ) Assets: Liabilities and Stockholder's Equity: Cash $

A partial balance sheet for Captain D's Sportswear is shown below:
(dollars in thousands)
Assets: Liabilities and Stockholder's Equity:
Cash $69 Accounts payable $241
Accounts receivable (net)175 Other liabilities 84
Investments 59 Total current liabilities 325
Inventory 206 Long-term liabilities 114
Prepaid rent 29 Total liabilities 439
Total current assets 538 Common stock 154
Retained earnings 204
Property & Equipment, (net)259 Total stockholders' equity 358
Total assets $797 Total liabilities and equity $797
What is the debt to equity ratio? (Round your answer to two decimal places.)
Multiple Choice
1.23
0.91
0.55
2.15

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