A farm business manager has just finished preparing end of year financial statements for the business. The following financial information was determined:

Current assets $$ beginning of year $$200,000$

Total assets $$ beginning of year $$600,000$

Current liabilities $$ beginning of year $$100,000$

Total liabilities $$ beginning of year $$150,000$

Total equity $$ beginning of year $$450\mathrm{.}000$

Current assets $$ end of year $$250,000$

Total assets $$ end of year $$800,000$

Current liabilities $$ end of year $$150,000$

Total liabilities $$ end of year $$300,000$

Total equity $$ end of year $$500,000$

Gross revenue $$600,000$

Net farm income from operations $$115,000$

Operating expense $$425,000$

Farm interest expense $$20,000$

Depreciation expense $$45,000$

Owner withdrawals $($for unpaid labor and Mgt$.)$ $$50,000$

Non$-$farm income $$35,000$

What is the farm business' leverage ratio $($end of year$)?$

A$.$

$0\mathrm{.}6$

B$.$

$1\mathrm{.}667$

C$.$

$0\mathrm{.}33$

D$.$

$2$