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please show all work so I can fully understand how to solve. Thank you Presented below is the asset and liability section of the Statement

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please show all work so I can fully understand how to solve. Thank you

Presented below is the asset and liability section of the Statement of Financial Position for Acme Corporation as at December 31, 20x0: Assets Cash and cash equivalents $8338 Inventory 34679 Prepaid expenses 4647 Accounts receivable 63575 Intangible Assets 15442 76514 Property and Equipment Accounts Payable 15472 Liabilities 31991 Current portion of long-term debt 74924 Long-term debt What is Acme'Corporation's long-term debt-to-equity ratio? Select one: a. 1.51 b. 1.32 C. 0.93 d. 0.00

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