Question 8 of 10 6.67 / 10 : View Policies Show Attempt History Current Attempt in Progress The 2020 and 2021 partial balance sheetsfor Sunland Manufacturing Companyappear below: 2020 2021 Current assets $64,000 $60,000 Long-term assets 142,000 152,000 Total assets $206,000 $212,000 Current liabilities $38,000 $48,000 Noncurrent liabilities 78,000 88,104 Total Liabilities 116,000 136,104 Stockholders' equity Common stock 20,000 20,000 Additional paid-In capital 22,000 22,000 Retained earnings 48,000 33,896 Total stockholders' equity 90,000 75,896 Total liabilities and stockholders' equity $206,000 $212,000 (a) (c) Calculate Sunland's debt-to-equity ratio for 2021. (Round answer to 2 decimal places, e.g. 52.75.) Debt-to-equity ratio e Textbook and Media Save for later Attempts: 0 of 3 used Submit