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The following information has been derived from the financial statements of Boutwell Company Current assets $640,000 Total assets 990,000 Long-term liabilities 130,000 Current ratio 3.2

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The following information has been derived from the financial statements of Boutwell Company Current assets $640,000 Total assets 990,000 Long-term liabilities 130,000 Current ratio 3.2 Times The company's debt-to-equity ratio is O 0.50 to 1 O 0.13 to 1 O 0.37 to 1 O 0.33 to 1

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