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ab Problem Seved Required information [The following information applies to the questions displayed below) The accounting records of Nettle Distribution show the following assets

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ab Problem Seved Required information [The following information applies to the questions displayed below) The accounting records of Nettle Distribution show the following assets and liabilities as of December 31 for Year 1 and Year 2. December 31 Cash Accounts receivable 19,364 Year 1 $ 45,503 Year 2 $7,307 24,699 Office supplies 3,896 2,854 Office equipment 119,601 127,398 Trucks 46,801 55,801 Building 0 156,016 Land B 38,932 Accounts payable 64,935 32,206 nces Note payable 0 94,948 3. Compute the Year 2 year-end debt ratio. Numersion Debt Ratio Denominator Debt Ratio

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