Robert owns a $197,000 town house and still has an unpaid mortgage of $176,000. In addition to his mortgage, he has the following liabilities: Robert's net worth (not including his home) is about $8,000. This equity is in mutual funds, an automobile, 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. (b) Has he reached the upper limit of debt obligations? No Yes