23) At the beginning of the current year, Snell Co. total assets were $248,000 and its total liabilities were $174,200. During the year, the company reported total revenues of $93,000, total expenses of $76,000 and dividends of $5,000. There were no other changes in equity during the year and total assets at the end of the year were $260,000. The company's debt ratio at the end of the current year is: A) 48% B) 142%. C) 70%. D) 32%. E) 67%. 5