ACCO 500 The Carroa company reports the following information:

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January 7th, 2018

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

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