Refer to the following selected financial information from Shakley's Incorporated. Compute the company's debt-to-equity ratio for Year 2.

	Year 2	Year 1
Net sales	$ 482,000	$ 426,950
Cost of goods sold	277,000	250,820
Interest expense	10,400	11,400
Net income before tax	67,950	53,380
Net income after tax	46,750	40,600
Total assets	318,500	292,200
Total liabilities	177,900	168,000
Total equity	140,600	124,200

1.27.

2.27.

3.43.

0.79.

1.79.