he Carroa company reports the following information: Sales for the year ended Dec 31, 2012 $106950 Gross profit for the year ended Dec 31, 2012 $45150 Net Income for the year ended Dec 31, 2012 $7300 Total current assets for the year ended Dec 31, 2012 $ 18700 Total current liabilities year ended Dec 31, 2012 $7600 Total Assets for the year ended Dec 31, 2012 $88,400 Total liabilities for the year ended Dec 31, 2012 $20,850 Total common shares outstanding Dec 31, 2012 $1000 Market price per share Dec 31, 2012 $75.00 Dividends per share for the year ended Dec 31, 2012 $5.00 What is the debt-to-equity ratio at Dec 31, 2012?
he Carroa company reports the following information:Sales for the year ended Dec 31, 2012
$106950
Gross profit for the year ended Dec 31, 2012 $45150
Net Income for the year ended Dec 31, 2012 $7300
Total current assets for the year ended Dec 31, 2012 $ 18700
Total current liabilities year ended Dec 31, 2012 $7600
Total Assets for the year ended Dec 31, 2012 $88,400
Total liabilities for the year ended Dec 31, 2012 $20,850
Total common shares outstanding Dec 31, 2012 $1000
Market price per share Dec 31, 2012 $75.00
Dividends per share for the year ended Dec 31, 2012 $5.00
What is the debt-to-equity ratio at Dec 31, 2012?