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On December 3 1 , 2 0 X 4 , Omar Corporation's current liabilities total $ 6 0 , 0 0 0 , current assets

On December 31,20X4, Omar Corporation's current liabilities total $60,000, current assets total $150,000, long-term assets total $620,000 and long-term liabilities total $160,000. What is Omars debt-to-equity ratio as of December 31,20X5?
.26 to 1
.40 to 1
.29 to 1
2.50 to 1
On December 31,20X4, Omar Corporation's current liabilities total $60,000, current assets total $150,000, long-term assets total $620,000 and long-term liabilities total $160,000. What is Omars debt-to-equity ratio as of December 31,20X5?
.26 to 1
.40 to 1
.29 to 1
2.50 to 1

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