Galaxy United, Inc. 2009 Income Statement ($ inthousands)
Net sales	$5,700
Less: Cost of goods sold	4,080
Less: Depreciation	420
Earnings before interest and taxes	1,200
Less: Interest paid	31
Taxable Income	1,169
Less: Taxes	409
Net income	$ 760

Galaxy United, Inc. 2008 and 2009 Balance Sheets ($ in thousands)
	2008	2009			2008	2009
Cash	$ 65	$ 160		Accounts payable	$1,340	$1,200
Accounts rec.	980	840		Long-term debt	720	520
Inventory	1,500	1,960		Common stock	$3,135	$3,380
Total	$2,545	$2,960		Retained earnings	940	1,200
Net fixed assets	3,590	3,340
Total assets	$6,135	$6,300		Total liab. & equity	$6,135	$6,300

What is the debt-equity ratio for 2009?