What is the debtequity ratio at the end of year 2009 using, Financial Management

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What is the debtequity ratio at the end of year 2009 using

What is the Debt/Equity Ratio at the end of year 2009 using the following info?

2008 2009

Cash $17,000 $24,000

Accts Receivable 54,100 56,700

Inventory 189,400 186,700

Sub-total $260,500 $268,100

Net fixed assets 261,300 279,400

Total $521,800 $547,500

Accounts Payable $128,600 $134,700

Long-term Debt 147,500 141,000

Common Stock 125,000 140,000

Retained Earnings 120,700 131,800

Total $521,800 $547,500

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