The effective interest rate method A) Allocates a decreasing amount of interest expense over the life of a bond originally sold at a discount B) Allocates bond interest expense using a changing interestte OC) Allocates interest expense based on a constant carrying value OD) Allocates interest expense using the contract rate E) Allocates bond interest expense using a constant interest rate Arcinet Limited reported the following items on their Balance Sheet: Unearned Revenue Prepaid Rent Mortgage liabilities Long-term note payable Bonds payable Other Current Liabilities Share capital Retained earnings $85,000 56,200 135,000 150,000 195,000 23,000 125,000 157,500 The debt to equity ratio for Arcinet (rounded to two decimal places) is A) 1.78 B) 1.96 C) 2.08