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XY Company Reported the following Year-End Data: Income Before Interest and taxes Expense $36,000 Cost of Good Sold $20,000 Interest Expense $1,800 Total Current Liabilities

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XY Company Reported the following Year-End Data: Income Before Interest and taxes Expense $36,000 Cost of Good Sold $20,000 Interest Expense $1,800 Total Current Liabilities $18,000 Common Stocks $3,000 Long Term Debt $33,000 Paid in capital $6,000 Total Current Assets $26.000 Net fixed Assets $40,000 Retained Earning $8.000 Compute the Debt to Equity Ratio

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