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Bulldog, Inc. has the following balance sheet information for the years ending December 31, 2018 and 2017. Dollar amounts are in thousands of dollars. 2018

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Bulldog, Inc. has the following balance sheet information for the years ending December 31, 2018 and 2017. Dollar amounts are in thousands of dollars. 2018 2017 Cash and equivalents ($000) $ 9,333 $ 10,386 Accounts receivables 8,960 18,350 Inventories 47,041 36,769 Prepaid & other current assets 512 759 Total current assets $ 65,846 $ 56,264 Fixed assets, net 29,452 19,645 Total assets $ 95,298 $ 75,909 Accounts payable $ 14,294 Other current liabilities 13.167 Total current liabilities $ 27,461 Long-term debt 21,902 Stockholders' equity 45,935 Total liabilities & stkholders' equity $ 95,298 $ 7,591 12.841 $ 20,432 17,610 37 867 $ 75,909 What is the company's financial leverage ratio for 2018? a. 2.005 b.2.075 c. 0.232 d. 1.005

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