8 ) Cornucopia's liabilities and equity are shown below : Accounts Payable $500, 000 Accrued Expenses 250 , 000* Short-term Note at 5 % 300, 000| Long - Term Debt 1 , 250 , 000* Common Equity , Book Value 2 , 500 , 000* Common Equity , Market Value 6 , 000 , 000* Cornucopia's debt ratio is A ) . 48 B ) . 32 (C ) . 21 D ). 30