Problem $29-9$ Measuring leverage

Consider this simplified balance sheet for Geomorph Trading:

a$.$ Calculate the ratio of debt to equity.

Note: Round your answer to $2$ decimal places.

b$-1.$ What are Geomorph's net working capital and total long$-$term capital?

b$-2.$ Calculate the ratio of debt to total long$-$term capital.

Note: Round your answer to $2$ decimal places.