Assets 2012 2013 Cash 45 50 A/R 331 111 Inventory 197 255 Total 573 416 Net Fixed Assets 1000 1200 Total 1573 1616 Assets Liabilities 2012 2013 Accounts Payable 157 308 Notes Payable 150 125 Total 307 433 Long-Term Debt 500 750 Common Stock 400 400 Retained Earnings 95 125 1302 1708 2013 Sales 3168 Cost of Goods Sold 2534.4 Depreciation 200 EBIT 433.6 Interest 80 Taxes 60 Net Income 293.6 What is the Debt to Equity ratio for 2012 (to nearest 2 decimals)? 4.8