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Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: 2024 2023 Accounts receivable $ 47,000 $ 47,000 Inventory 29,000 45,000

Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: 2024 2023 Accounts receivable $ 47,000 $ 47,000 Inventory 29,000 45,000 Net sales 193,000 188,000 Cost of goods sold 118,000 110,000 Current liabilities 150,000 129,000 Interest-bearing debt 209,000 234,000 Total stockholders' equity 249,000 229,000 Net income 37,000 33,000 What is the debt to equity ratio for 2024?

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