A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 56,000 Current liabilities 72,000 Long-term liabilities 77,000 Common stock 162,000 Retained earnings $367,000 Total liabilities and equity $ 92,000 25,000 117,000 133,000 $367,000 Multiple Choice 2.23 0.32 1.39 0.47 0.68