Calculate the debt to equity ratio for 2024. Cash Sanchez Corporation Selected Financial Information Accounts receivable (net)

Calculate the debt to equity ratio for 2024.

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Cash Sanchez Corporation Selected Financial Information Accounts receivable (net) Inventories Total current assets Long-term assets Current liabilities Long-term liabilities Shareholders' equity Net income Interest expense Income tax expense 12/31/2024 $ 20,000 12/31/2023 $ 25,000 100,000 110,000 190,000 155,000 310,000 290,000 230,000 210,000 200,000 190,000 40,000 50,000 300,000 260,000 $ 40,000 10,000 20,000 Cash Sanchez Corporation Selected Financial Information Accounts receivable (net) Inventories Total current assets Long-term assets Current liabilities Long-term liabilities Shareholders' equity Net income Interest expense Income tax expense 12/31/2024 $ 20,000 12/31/2023 $ 25,000 100,000 110,000 190,000 155,000 310,000 290,000 230,000 210,000 200,000 190,000 40,000 50,000 300,000 260,000 $ 40,000 10,000 20,000

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