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Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total Assets $430,000 Total Liabilities 131,000 Total Equity 299,000 What

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Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total Assets $430,000 Total Liabilities 131,000 Total Equity 299,000 What is the company's debt ratio as of December 31? (Round your percentage answer to two decimal places.) O A. 30.47% B. 100.00% C. 43.81% D. 69.53%

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