2 At the end of the current year, James Company reported total liabilities of $304,000 and total equity of $104,000. The company's debt ratio was: Multiple Choice O O 292%. 74.5%. 3.92%. $408,000 ,34.2

At the end of the current year, James Company reported total liabilities of $304,000 and total equity of $104,000. The company's debt ratio was: Multiple Choice 292% 74.5% 392% $408,000