At the beginning of the current year, Snell Co. total assets were $274,000 and its total liabilities were $187,200. During the year, the company reported total revenues of $119,000, total expenses of $89,000 and dividends of $18,000. There were no other changes in equity during the year and total assets at the end of the year were $286,000. The company's debt ratio at the end of the current year is:

Multiple Choice

• 52.8%.

• 68.3%.

• 146.00%.

• 65.5%.

• 34.5%.