At December 31, 2019, Jose Company Has Total Assets of $1,800,000

Multiple Choice

At December 31, 2019, Jose Company has total assets of $1,800,000, total liabilities of $480,000, and total owner's equity of $1,320,000.
At December 31, 2019, Jose Company's debt-to-equity ratio is:

A) 0.36
B) 1.20
C) 2.75
D) 0.27