ch 2p: answer following

Return to question The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cash Accounts receivable office supplies office equipment Trucks Building Land Accounts payable Note payable 2018 2019 $ 44,557 $ 6,968 24,186 18,962 3,815 2,794 117,114 124,749 45,828 54,828 0 152,772 0 38,123 63,585 31,536 0 90,895 3. Compute the 2019 year-end debt ratio. Answer is not complete. Debt Ratio Choose Numerator; Total liabilities Choose Denominator: Total assets = Debt Ratio Debt ratio 0 E