Number 14. Please answer within the next hour. Thank You

Number 14 Galaxy United, Inc. 2009 Income Statement ($ in thousands) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets $5,780 4,040 430 1,310 29 1,281 448 $ 833 Galaxy United, Inc. 2008 and 2009 Balance Sheets ($ in thousands) 2008 2009 $ 60 $ 160 Accounts payable 970 820 Long-term debt 1,510 1,990 Common stock $2,540 $2,970 Retained earnings 3,590 3,290 $6,130 $6,260 Total liab. & equity What is the debt-equity ratio for 2009? 2008 $1,350 710 $3,150 920 2009 $1,250 510 $3,247 1,253 $6,130 $6,260