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The year-end balance sheet of Krans Corp. shows total stockholders' equity of $597,000, current liabilities of $97,500, and long-term liabilities of $390,000. What would

The year-end balance sheet of Krans Corp. shows total stockholders' equity of $597,000, current liabilities of $97,500, and long-term liabilities of $390,000. What would be this company's debt to equity ratio? Round your answer to two decimal places (e.g. 1.34), Please do not put dollar signs or words in your answer, only the number. Your Answer:

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