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Given the following information: 2017 2018 2019 2020 $24,000 $25,600 $21,000 $29,000 Stockholders' equity Common stock $12,000 $12,000 $12,000 $10,000 $12,000 $18,000 Net income $6,000

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Given the following information: 2017 2018 2019 2020 $24,000 $25,600 $21,000 $29,000 Stockholders' equity Common stock $12,000 $12,000 $12,000 $10,000 $12,000 $18,000 Net income $6,000 $17,000 Total assets $44,000 $52,000 $49,000 $43,000 What was the approximate debt-to-equity ratio in 2019? O 1.21 O 1.33 O 2.17 O 1.17 1.67

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