Charger Company's most recent balance sheet reports total assets of $29,133,000, total liabilities of $16,683,000 and total equity of $12,450,000. The debt to equity ratio for the period is (rounded to two decimals):
A. 0.75
B. 1.34
C. 0.57
D. 1.75
E. 0.43
Answer: B
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