A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 85,000 42,000 110,000 103,000 S340,000 Total liabilities and equity $340,000 50,000 Current liabilities 65,000 Long-term liabilities 70,000 Common stochk 155,000 Retained earnings Multiple Choice 2.18 1.35 0.60 0.37 0.63