Consider the following information for James Inc. for the Year 2019: 2019 Assets Cash 40,600 Accounts Receivable 140,400 Inventory 185,400 Land 90,000 PP&E 225,000 Accumulated Depreciation (117,000) Total Assets 1564,400 Liabilities Accounts Payable Accrued Expenses Notes Payable Total Liabilities 1151,200 36,000 37,000 224,200 Stockholders' Equity Common Stock 118,000 Additional Paid in Capital 115,200 Beginning Retained Earnings 145,800 Net Income 97,200 Dividends 36,000 Ending Retained Earnings 207.000 Total Stockholders' Equity 340,200 Total Liabilities and Equity 1564,400 1. Calculate James' Debt-to-Equity Ratio A E B D 1 2 Debt-to-Equity Next