Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Liabilities and Equity 11,000 Accounts payable 17,000 2,000 Notes payable 6,000 7,000 Current liabilities 23,000 26,000 Long-term debt 95,000 46,000 Total liabilities 118,000 34,000 Paid-in capital 20,000 80,000 Retained earnings 22,000 114,000 Equity 42,000 160,000 Total liab. & equity 160,000 Real estate Net fixed assets Total assets Line item Value Sales 83,000 - Costs 68,060 - Depreciation 2,000 = EBIT 12,940 - Interest 800 = Taxable income 12,140 - Taxes 4,006 = Net income 8,134 Part 1 Is Attempt 3/5 for 9.6 pts. What is the total debt ratio (including all liabilities)? 3+ decimals