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Chongo Co. had the following balances reported on their December 31st 20x9, financial statements: Mortgage payable Total Assets Long-term bank loan Accounts payable Other current

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Chongo Co. had the following balances reported on their December 31st 20x9, financial statements: Mortgage payable Total Assets Long-term bank loan Accounts payable Other current liabilities $983242 $3944520 $726655 $543837 $203968 What is the debt-to-equity ratio for Chongo Co. using the information above? Debt is defined as long-term liabilities only. All of the company's liabilities are listed above. Select one: o a. 1.65 b. 0.62 O c. 1.15 d. 0.43 Check

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