Galaxy United, Inc. 2009 Income Statement ($ inthousands)
Net sales	$5,720
Less: Cost of goods sold	4,050
Less: Depreciation	420
Earnings before interest and taxes	1,250
Less: Interest paid	30
Taxable Income	1,220
Less: Taxes	427
Net income	$ 793

Galaxy United, Inc. 2008 and 2009 Balance Sheets ($ in thousands)
	2008	2009			2008	2009
Cash	$ 70	$ 170		Accounts payable	$1,330	$1,240
Accounts rec.	980	850		Long-term debt	720	500
Inventory	1,500	1,960		Common stock	$3,120	$3,367
Total	$2,550	$2,980		Retained earnings	910	1,203
Net fixed assets	3,530	3,330
Total assets	$6,080	$6,310		Total liab. & equity	$6,080	$6,310

What is the debt-equity ratio for 2009?

.47.45.23.38.27