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At the beginning of the current year, Snell Co total assets were $262,000 and its total liabilities were $181,200. During the year, the company reported

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At the beginning of the current year, Snell Co total assets were $262,000 and its total liabilities were $181,200. During the year, the company reported total revenues of $107000, total expenses of $83,000 and dividends of $12,000. There were no other changes in equity during the year and total assets at the end of the year were $274,000. The company's debt ratio at the end of the current year is: Multiple Choice O 69.2% 7 145.00% 512 Help Save & 692% 145.00% 512% 33.9% 66.1%

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