Surround, Inc. provides the following data:

Surround, Inc. Comparative Balance Sheet Dec. 31, 2019
Assets
Current Assets:
Cash and Cash Equivalents	$29,000
Account Receivable, Net	31,000
Merchandise Inventory	53,000
Total Current Assets	$113,000
Property, Plant, and Equipment, Net	120,000
Total Assets	$233,000
Liabilities
Current Liabilities:
Accounts Payable	$ 4 comma 600$4,600
Notes Payable	2 comma 6002,600
Total Current Liabilities	$ 7 comma 200$7,200
Longminusterm Liabilities	89 comma 00089,000
Total Liabilities	$ 96 comma 200$96,200
Stockholders' Equity
Common Stock	$ 31 comma 000$31,000
Retained Earnings	105 comma 800105,800
Total Stockholders' Equity	$ 136 comma 800$136,800
Total Liabilities and Stockholders' Equity	$ 233 comma 000$233,000

Calculate the debt to equity ratio. (Round your answer to two decimal places.)