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Charger Company's most recent balance sheet reports total assets of $30,107,000, total liabilities of $17,457,000 and total equity of $12,650,000. The debt to equity ratio

Charger Company's most recent balance sheet reports total assets of $30,107,000, total liabilities of $17,457,000 and total equity of $12,650,000. The debt to equity ratio for the period is (rounded to two decimals):

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