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Refer to the following selected financil information from Shakley's Incorporated. Compute the company's debt-to-equity ratio for Year 2 Year 2 Year 1 Net sales 482,880

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Refer to the following selected financil information from Shakley's Incorporated. Compute the company's debt-to-equity ratio for Year 2 Year 2 Year 1 Net sales 482,880 426,950 Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity 277,000 250,820 10,400 11,40 67,950 53,380 46,750 40,60 318,500 292,200 177,900 168,00e 140,680 124,280

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