At the end of the current year, the following information is available for both Kumar Company and Asher Company. Kumar Company Asher Company Total assets $ 2,254,500 $ 1,123,500 Total liabilities 904,500 598,500 Total equity 1,350,000 525,000 Compute the debt-to-equity ratios for both companies. (Round your answers to 2 decimal places.) Debt-to-equity ratios Kumar Company Asher Company