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ast Year, a corporation had a book value of equity of $360.71 million of USDs, 12.36 million shares outstanding, and a market price of $41.11

ast Year, a corporation had a book value of equity of $360.71 million of USDs, 12.36 million shares outstanding, and a market price of $41.11 per share. The corporation also had cash of $3.75 million of USDs, and total debt of$397.82 million USDs. What was the corporation's book debt-equity ratio? NOTE: This is a ratio, not a percentage.

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