Hi I need help answering the following question

The balance sheet for Altoid Co. is shown below. ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash Short-term investments Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity: Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and shareholders' equity $ 310 1,000 1,100 1,250 1, 120 $ 4,780 $ 1,250 1,400 95e 1,180 $ 4,780 Selected 2021 income statement information for Altoid Co. includes: Net Sales Operating expenses Income before interest and tax Interest expense Income tax expense Net income $ 9,300 8,438 878 120 225 $ 525 Required: Compute the following financial statement ratios for 2021 Altoid Co.'s long term debt to equity ratio. (Round your answer to 2 decimal places.) Long-term debt to equity