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Corona Company's balance sheet accounts follow: At December 31 2022 2021 2020 Assets Cash $25,868 $31,163 $31,182 Accounts receivable, net 78,034 53,995 41,152 Merchandise inventory

Corona Company's balance sheet accounts follow:

At December 31 2022 2021 2020

Assets

Cash $25,868 $31,163 $31,182

Accounts receivable, net 78,034 53,995 41,152

Merchandise inventory 95,120 73,491 46,095

Prepaid expenses 8,330 8,099 3,429

Plant assets, net 241,854 218,932 199,542

Total assets $449,206 $385,680 $321,400

Liabilities and Equity

Accounts payable $108,058 $67,135 $42,849

Long-term notes payable

secured by mortgages 85,791 87,819 71,029

Common stock, $10 par value 162,500 162,500 162,500

Retained earnings 92,857 68,226 45,022

Total liabilities and equity $449,206 $385,680 $321,400

What is Corona Company's debt to equity ratio for 2022?

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