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Below is select information for Joker Company for 2017. Cash $ 13,000 Accounts receivable 11,000 Current assets 36,000 Current liabilities 33,000 Long-term debt 170,000 Short-term

Below is select information for Joker Company for 2017.

Cash

$ 13,000

Accounts receivable

11,000

Current assets

36,000

Current liabilities

33,000

Long-term debt

170,000

Short-term debt

10,000

Total liabilities

230,000

Interest expense

15,000

Capital expenditures

16,000

Equity

46,000

Cash from operation

1,000

Earnings before interest and taxes

16,000

Compute the total debt to equity ratio for Joker Company.

Select one:

A. 3.696

B. 2.425

C. 0.739

D. 3.913

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