I am having a hard time with this question. ............

On December 31, 20X], Thomson Company had the following account balances: Accounts receivable $15,000 Sales revenues 845,000 Gain on sale of equipment |14,000 Retained earnings (beginning of year, January 1, 20X1) 120,000 Accounts payable 25,000 Loan payable |45,000 Cost of goods sold 650,000 Cash |65,000 Inventory 11,000 Common stock 41,000 |Operating expenses |210,000 'Diw'dendsIW WWW[55,? 'PrepaidrentISQT Bonds paya ble |35,000 Given these data, what is Thomson's DEBTTO-EQUITY RATIO as of December 31, 20M? '3 ri- 1.27 1.00