XYZ has a debt-equity ratio of 1/4, total asset turnover ratio of 1.5, and net-income relative to sales of 20%. The board is unhappy with the current ROE and thinks it can be doubled. The new operating plan put forth implies profit-margin (NI/Sales) of 30%, the same total assets turnover, and a new debt-equity ratio. What is the new debt-equity ratio that when combined with the new operating plan doubles the ROE of XYZ?

Group of answer choices

1/3 or (0.3333)

2/3 or (0.6667)

1/1 or (0.5)

3/4 or (0.75)