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Wallace Corporation has the following accounts as of December 3 1 , 2 0 2 5 : table [ [ Total Assets,$ , 6

Wallace Corporation has the following accounts as of December 31,2025 :
\table[[Total Assets,$,64,000],[Total Liabilities,40,000,],[Total Equity,24,000,]]
Compute the debt to equity ratio at December 31,2025(Round the debt to equity ratio to two decimal places, xx)
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