QUESTION 15 A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals: Cash Accounts receivable Inventory Equipment Total assets O 0.63 O 0.58 O 207 O 0.37 O 1.27 $40,000 Current liabilities 55,000 Long-term liabilities 60,000 Common stock 145,000 Retained earnings $300,000 Total liabilities and equity $75,000 35,000 100,000 90,000 $300,000