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At the beginning of the current year, Snell Co.total assets were $286,000 and its total liabilities were $193,200. During the year, the company reported total

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At the beginning of the current year, Snell Co.total assets were $286,000 and its total liabilities were $193,200. During the year, the company reported total revenues of $131000, total expenses of $95,000 and dividends of $24,000. There were no other changes in equity during the year and total assets at the end of the year were $298,000. The company's debt ratio at the end of the current year is: Multiple Choice 35.2% 548 OOK o 054.2%

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