1. A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands)

   Assets:		Liabilities:
   Cash	$60	Accounts payable	$240
   Accounts receivable (net)	170	Other liabilities	80
   Investments	50	Total current liabilities	320
   Inventory	200	Long-term liabilities	110
   Prepaid rent	25	Total liabilities	430
   Total current assets	505	Stockholders equity:
   Property & Equipment, (net)	255	Common stock	150
   		Retained earnings	180
   		Total stockholders equity	330
   Total assets	$760	Total liabilities and equity	$760

   The debt to equity ratio is (rounded to two decimal places):

   		0.33.
   		0.77.
   		1.17.
   		1.30.