Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net 31,000 Merchandise Inventory 53,000 Total Current Assets $113,000 Property, Plant, and Equipment, Net 120,000 Total Assets $233,000 Liabilities Current Liabilities: Accounts Payable $4500 Notes Payable 3000 Total Current Liabilities $7500 Long-term Liabilities 86.000 Total Liabilities $93.500 Stockholders' Equity Common Stock $31,000 Retained Earnings 108.500 Total Stockholders' Equity $139.500 Total Liabilities and Stockholders Equity $233.000 Calculate the debt to equity ratio. 0.67 0.40 0.05 1.21