of 15 Required information The Foundational 15 (Algo) [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed below.] Markus Company's common stock sold for $3.00 per share at the end of this year. The company paid a common stock dividend of $0.48 per share this year. It also provided the following data excerpts from this year's financial statements: nt ences Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income. Interest expense Net incone This Year $750,000 $440,000 $310,000 $ 162,000 $9,000 $107,100 Ending Balance $31,000 $ 64,000 $ 59,200 $ 154,200 $490,000. $63,000 $140,000 $ 126,000 $ 350,000 $490,000 Beginning Balance $ 32,200 $ 53,700 $ 64,000 $ 149,900 $ 506,000 $49,500 $126,000 $ 126,000 $380,000 $ 506,000 Foundational 14-14 (Algo) 14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) Debt-to-equity ratio