Fama's Llamas has a weighted average cost of capital of 10.8 percent. The company's cost of equity is 13 percent and its pretax cost of debt is 7.7 percent. The tax rate is 23 percent. What is the company's debt-equity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Answer is complete but not entirely correct