Current assets Acculumlated Depreciation on Gross Fixed Assets Sales Current liabilities Long-term debt Goodwill Long term Deferred Tax Payable Gross Fixed Assets Total Equity Net Fixed assets Current ratio $23,500,000 $12,500,000 $65,789,000 $16,500,000 $20,000,000 $8,765,406 $7,505,050 $39,000,000 $13,500,000 $26,500,000 1.42 The Total Debt Ratio for the firm is a. 62.11% b. 88.01% Oc. 74.88% Od. 58.54%