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Using the balance sheet information for Huntsville Manufacturing Company provided below, calculate the company's 2017 debt to equity ratio, Enter your answer as a number

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Using the balance sheet information for Huntsville Manufacturing Company provided below, calculate the company's 2017 debt to equity ratio, Enter your answer as a number with four places of precision (e. 0.1234 or 1.234) - ensure that you precede the decimal point with a number 2017 2016 Assets Current Assets Cash and Equivalents Accounts Receivable Inventory Total Current Assets Huntsville Manufacturing Company Balance Sheet as of December 31 2017 2016 Liabilities and Shareholder Equity Current Liabilities 20,385 $ 23,500 Accrued Wages and Taxes 34,325 46,355 Accounts Payable 128,884 75,820 Notes Payable 183,594 5 145,675 Total Current Liabilities 38,570 22480 130,365 157,835 111,540 72,890 $ 280,475 S 253,205 $ Long-term Assets Net Fixed Assets Long-term debt 612,875 Total Liabilities 710,685 210,000 170,000 $ 490,475 S 423,205 Shareholder Equity Common stock $ 175,000 $175,000 Retained earnings 228,804 160,345 Total Shareholder Equity $ 403,804 $ 335,345 758,550 Total Liabilities and Shareholder Equity S 894,279 $ 758,550 Total Assets 894.279 $

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