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Ratio Analysis Casey Corporation has $ 2 , 2 1 0 , 0 0 0 in total liabilities, $ 8 4 0 , 0 0

Ratio Analysis
Casey Corporation has $2,210,000 in total liabilities, $840,000 of which are current. Casey has $500,000 of cash and cash equivalents, $200,000 of other current assets, and $3,000,000 in property, plant, and equipment.
Required:
Calculate Casey's debt to equity ratio. Round your answer to two decimal places.
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