Debt-to-Equity Ratio Calculation for ABC Corporation

ABC Corporation reports its financial results at the end of every fiscal year. The company has reported total assets of $500,000, total liabilities of $300,000, and equity of $200,000 for the fiscal year ending December 31, 2022. To assess the company’s financial leverage and overall risk profile, the management decides to calculate the debt-to-equity ratio.

Which of the following options correctly represents the debt-to-equity ratio for ABC Corporation?