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At the beginning of the current year, Snell Co. total assets were $280,000 and its total llabilities were $190,200. During the year, the company reported

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At the beginning of the current year, Snell Co. total assets were $280,000 and its total llabilities were $190,200. During the year, the company reported total revenues of $125,000, total expenses of $92,000 and dividends of $21,000. There were no other changes in equity during the year and total assets at the end of the year were $292,000. The company's debt ratio at the end of the current year is: Multiple Choice 67.9% 65.1% 34.9% 53.5% Multiple Choice 67.9\%. 65.1%. 34.9%. 53.5%. 147.00%. At the beginning of the current year, Snell Co. total assets were $280,000 and its total llabilities were $190,200. During the year, the company reported total revenues of $125,000, total expenses of $92,000 and dividends of $21,000. There were no other changes in equity during the year and total assets at the end of the year were $292,000. The company's debt ratio at the end of the current year is: Multiple Choice 67.9% 65.1% 34.9% 53.5% Multiple Choice 67.9\%. 65.1%. 34.9%. 53.5%. 147.00%

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