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Mei-kwei International's common stock sold for $7.05 per share at the end of this year. The company paid preferred stock dividends totalling $4,400 and a

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Mei-kwei International's common stock sold for $7.05 per share at the end of this year. The company paid preferred stock dividends totalling $4,400 and a common stock dividend of $1.67 per share this year. It also provided the following data excerpts from this year's financial statements: Required: What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) ommon stock sold for $7.05 per share at the end paid preferred stock dividends totalling $4,400 dend of $1.67 per share this year. It also provided ts from this year's financial statements: y ratio at the end of this year? (Round your

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