Charger Company's most recent balance sheet reports total assets of $27,000,000, total liabilities of $15,000,000 and total equity of $12,000,000. The debt to equity ratio for the period is (rounded to two decimals) :
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December 31 Total assets Total liabilities 2019 $458,000 $317,000 2020 538,000 367,000 2021 668,000 467,000 Hawke began business on January 1, 2019, with an investment of $100,000.
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