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Robert owns a $168,000 town house and still has an unpaid mortgage of $122,000. In addition to his mortgage, he has the following liabilities: Robert's

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Robert owns a $168,000 town house and still has an unpaid mortgage of $122,000. In addition to his mortgage, he has the following liabilities: Robert's net worth (not including his home) is about $29,100. This equity is in mutual funds, an automoblie, a coin collection, furniture, and other personal property (a) What is Robert's debt-to-equity ratio? Note: Round your answer to 2 decimal places

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