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The following amounts represent the complete assets and abilities of Laurier Inc. at the end of the year. Assets Cash $ 10000 Accounts receivable $

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The following amounts represent the complete assets and abilities of Laurier Inc. at the end of the year. Assets Cash $ 10000 Accounts receivable $ 24200 Inventory $ (in) Equipment $ 28000 Liabilities Accounts payable $ 10800 Deferred revenue (all current) $ 4000 Long term debt $ 17900 Calculate the debt to equity ratio, Round your answer to two digits

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