$242,000 Total Assets 15 $ 74,000 Total Liabilities 86,000 82,000 375 points Common Stock Retained Earnings Total Equity 168,000 04203 $242,000 Total Liabilities and Equity eBook On January 1 Year 2. Chestnut purchased equipment for $46,000 on account. What is the company's debt-to-assets ratio immediately after the purchase of the equipment? (Round your answer to 2 decimal places.) References Multiple Choice 0.31 O 0.42 0 43