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Robert owns a $158,000 town house and still has an unpaid mortgage of $105,000. In addition to his mortgage, he has the following lablities: Robert's

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Robert owns a $158,000 town house and still has an unpaid mortgage of $105,000. In addition to his mortgage, he has the following lablities: Robert's net worth (not including his home) is about $26,900. This equity is in mutual funds; an automobile; a coin collection, furniture, and other personal property. (0) What is Robert's debt-to-equity ratio? Note: Round your onswer to 2 decimal places

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