Question 9 2015 2014 | Revenues 2015 Not yet answered Points out of 10.00 Flag question Assets Current Assets Cash Accounts Receivable Credit Card Receivable Marketable Securities Notes Receivable Inventory Prepaid Expenses Total Current Assets $25,000 $5,000 $7,000 $20,000 $30,000 $32,000 $40,000 $159,000 $23,000 $4,500 $6,000 $18,000 $25,000 $27,000 $36,000 $139,500 Cash Sales AVR Sales Credit Card Sales Total Sales Cost of Sales Gross Profit $45,000 $21,000 $76.000 $142,000 $28.340 $103,660 Direct Operating Expenses Payroll Expenses Other Expenses Total Departmental Expenses $14,200 $12,780 $26,980 $200,000 Fixed Assets Equipment Furniture Building Total Fixed Assets Less Acc. Depreciation Net Fixed Assets $210.000 $80,000 $400,000 $690,000 $42,000 $648,000 Gross Operating Income 576,680 $75,000 $400,000 $675,000 $39,000 $636,000 Total Assets $807,000 $775,500 Undistributed Operating Expenses Administrative & General $5,680 Sales & Marketing $9,940 Property & Maintenance $5,680 Utilities $4.260 Total Und. Op. Exp $25,560 Income Before Fixed Charges 551,120 Liabilities & Equity Current Liabilities Accounts Payable Notes Payable Unearned Revenue Current Mortgage Payable Accrued Expenses Payable Total Current Liabilities $25,000 $50,000 $25,000 $13,000 $15,000 $120,000 $22,000 $60,000 $20,000 $11,000 $13,600 $126,600 Fixed Charges Property Taxes Insurance Total Fixed Charges $11,360 $8.520 $19,880 CBITDA 531,240 Long Term Liabilities Loan Mortgage Total Long-Term Liabilities $100,000 $300,000 $400,000 $90,000 $310,000 $400,000 Interest Expense Depreciation $3,195 $7,100 Total Liabilities $528,000 $526,600 520,945 Earnings Before Tax Income Tax Net Income 36.284 $14,662 $238,900 Owners' Equity Capital Retained Earnings Total Equity $250.000 $21,000 $279,000 $10.000 $249,900 Total Equity & Liabilities $807,000 $775.500 What is the DEBT-TO-EQUITY for 2015? Select one: a. 1.89 b.2.12 0 0.0.74 d. 1.72