According to the information presented below, can you calculate the Net Working Capital Ratio for Alternatives, INC?

$*$Round your answer to the nearest two decimals $($nearest hundredth$),$ if needed. Please type as a decimal and not as percentage $($i$.$e$.,0\mathrm{.}052$ and not $5\mathrm{.}2).$ Please do not type symbols in your answer $($e$.$g$.,$ $$,\%,...)$

$-----$ EXTRACT FROM FINANCIAL STATEMENTS $-----$

Alternatives, INC

Balance Sheet Extract

Cash & Equivalents $$9,252,572$

Receivables $$2,408,081$

Inventory $$7,768,182$

Total Current Assets $$26,701,786$

Total Non$-$Current Assets $$11,796,084$

Payables $$2,118,803$

Total Current Liabilities $$10,891,905$

Total Liabilities $$14,574,171$

Number of Shares Outstanding $1,305,849$

Shareholders' Equity $???$

Price per Share $$97$

Alternatives, INC

Income Statement Extract

Total Revenue $$37,707,296$

Cost of Goods Sold $$23,181,523$

Depreciation $$743,710$

Operating Expenses $$13,084,428$

Interest Expense $$2,427,028$

Earnings before Interest and Taxes $($EBIT$)???$

Net Income $???$

Payout Ratio $31$

You Answered

$0\mathrm{.}42$

Correct Answer

$0\mathrm{.}41$ margin of error $+/-2\%$