Krakov Company Has Total Assets of $170,000 and Total Liabilities

Multiple Choice

Krakov Company has total assets of $170,000 and total liabilities of $80,000.The company's debt-to-equity ratio is closest to which of the following?

A) 0.32 to 1.
B) 0.47 to 1.
C) 0.53 to 1.
D) 0.89 to 1.