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Fangled Company reports the following balance sheet Fangled Company Balance Sheet December 31, 20X:3 ns Current Assets Current Liabilities s 3,000 3,000 6,000 Accounts Payable

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Fangled Company reports the following balance sheet Fangled Company Balance Sheet December 31, 20X:3 ns Current Assets Current Liabilities s 3,000 3,000 6,000 Accounts Payable Cash 4,000 Wages Payable Accouns Receivable S 5,000 24,000 14,000 Total Current Liabilities Inventory Total Curront Acente OA. 76.32% OB. 1115496 . 432896. OD. 63. 1696. E. 92.31% Total Liabilities Stockholders' Equity Long-term Assets Fixed Assets Accumulated Depr Net Fxed Assets Total Assets S 12,000 26,000 38,000 s 60,000 Common Stock (17,000) Retained Earnings 43,000 67,000 Total Stockholders' Equity Total Liabilities and Stockholders' Equity S 67,000 What is the debt - to-equity ratio for Fangled Company at December 31, 20X3 OA. 76.32% OB. 111.54%. . 432896. OD. 63. 1696. E. 92.31%

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