Question: Consider the following information: Current Assets = 40 Inventory = 30 Total Assets = 150 Current Liabilities = 20 Total Liabilities = 100 Common Equity

Consider the following information:

Current Assets = 40

Inventory = 30

Total Assets = 150

Current Liabilities = 20

Total Liabilities = 100

Common Equity = 50

Sales = 500

Cost of Goods Sold = 300

Net Income = 30

What is the Debt-to-Equity Ratio?

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