What is the debt-to-equity ratio

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Debt-to-Equity Ratio Will Able Corporation's balance sheet showed the following amounts: Current Liabilities, $24,505; Bonds Payable, $18,000; Lease Obligations, $24,183; and Notes Payable, $6,595. Total stockholders' equity was $36,100. Required: What is the debt-to-equity ratio? Round your answer to two decimal places.

Reference no: EM13933137

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