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According to the information presented below, can you calculate the Debt-to-Equity Ratio for Alternatives, INC? ----- EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract

According to the information presented below, can you calculate the Debt-to-Equity Ratio for Alternatives, INC?

----- EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC

Balance Sheet Extract

Cash & Equivalents $9,788,155

Receivables $2,434,159

Inventory $6,193,798

Total Current Assets $23,260,816

Total Non-Current Assets $11,947,244

Payables $2,431,518

Total Current Liabilities $11,256,082

Total Liabilities $14,952,355

Number of Shares Outstanding 1,406,537

Shareholders' Equity ???

Price per Share $125

Alternatives, INC

Income Statement Extract

Total Revenue $47,410,350

Cost of Goods Sold $26,959,788

Depreciation $805,825

Operating Expenses $13,838,185

Interest Expense $2,135,752

Earnings before Interest and Taxes (EBIT) ???

Net Income ???

Payout Ratio 44

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