Question - Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled 470,000; current liabilities totaled 72,000; and total liabilities totaled $430,000. Calculate the debt- to- equity ratio for Aquarius for 2010.
Calculate the debt- to- equity ratio for Aquarius for 2010. Select the formula for the debt- to- equity ratio. Then enter the amounts and calculate the ratio for Aquarius for 2010. (Round your answer to three decimal places).