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Brian Porter's net worth is $120,000, excluding his home. His liabilities of $54,000 include all of his credit card balances and the balance due on

Brian Porter's net worth is $120,000, excluding his home. His liabilities of $54,000 include all of his credit card balances and the balance due on his auto loan and home improvement loan. His townhouse has a market value of $220,000 and he owes $190,000 to his mortgage company. What is Brian's debt-to-equity ratio?

Multiple Choice

0.65

0.35

0.45

0.74

0.28

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