Venus Corporation reported the following balances for the year 2015: land, $200,000; equipment, 65,000; cash, $40,000; prepaid expenses, $8,000; inventory, $15,000; and owners' equity $115,000. Determine debt-equity ratio for the year.

Group of answer choices

1.7 to 1

0.5 to 1

1.9 to 1

0.6 to 1

0.7 to 1