Doug's Baat shop, Ine. reports operating income of $260,000 and interest expense of $31,200. The average common stockholders' equity durng the year was $50,000. The beginning assets balance is $135,000 and ending assets balance is $140,000. What is the leverage ratio? (Round your final answer to two decimal places.) A. 2.75 B. 8.62 C. 55 D. 8.57 Doug's Baat shop, Ine. reports operating income of $260,000 and interest expense of $31,200. The average common stockholders' equity durng the year was $50,000. The beginning assets balance is $135,000 and ending assets balance is $140,000. What is the leverage ratio? (Round your final answer to two decimal places.) A. 2.75 B. 8.62 C. 55 D. 8.57