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The balance sheet for Jim's Hardware has the following items listed: current liabilities, $25,345; long-term debt, $100,000; total liabilities, $125,345; total assets, $325,490. What is

The balance sheet for Jim's Hardware has the following items listed: current liabilities, $25,345; long-term debt, $100,000; total liabilities, $125,345; total assets, $325,490. What is the debt-to-equity ratio for this company?

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