Ratio of liabilities to stockholders’ equity

The following data were taken from Alvarado Company’s balance sheet:

Line Item Description Dec. 31, 20Y4 Dec. 31, 20Y3
Total liabilities $4,370,000 $2,560,000
Total stockholders’ equity 4,600,000 3,200,000
a. Compute the ratio of liabilities to stockholders’ equity for each year. Round your answers to 2 decimal places.