The following information was drawn from the accounting records of Woo Company.

Current assets	$ 50,000
Long-term assets (Plant assets)	350,000
Current liabilities	40,000
Long-term liabilities	100,000
Stockholders' Equity	260,000
Earnings before interest and taxes	60,000
Interest expense	15,000

Based on this information, the company's debt to equity ratio is: (round your answer to two decimal places)

.54 to 1

.23 to 1

.65 to 1

.35 to 1