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Calculate the Debt to Equity ratio (provide answer with two significant digits) Assets Current Assets Cash & Securities $1,007,344.85 Accounts Receivables $2,239,042.83 Retainage $662,896.65 Inventory
Calculate the Debt to Equity ratio (provide answer with two significant digits) Assets Current Assets Cash & Securities $1,007,344.85 Accounts Receivables $2,239,042.83 Retainage $662,896.65 Inventory $41,243.58 Earnings in Excess of Billings $148,976.93 Prepaid Expense $44,995,40 Other Current Assets $90,788.40 Fixed Assets Property $1,280,216.57 Construction Equipment $1,827,165 Vehicles $273,436 Office Equipment $35,300 Accumulated Depreciation $-1,717,392 Other Fixed Assets $74,379 Liabilities Current Liabilities Notes Payables $125,428 Accounts Payables $1,121,393 Retainage (Subcontracts) $193,674 Billings in Excess of Earnings $538,635 Income Taxes Payables $40.553 Other Current Liabilities $36,673 Fixed Liabilities Mortgages $327,512 Equipment/Vehicle Financing $512,513 Other Fixed Liabilities $119,423 Owners Equity
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