Em C has the finances Athere were 1000 wes of common cautin both years that the to comment cited the mounted on the balance sheet What is the Debt to Ratif BOXO Emily Company Balance Sheet As of December 31, 20XD and 20X1 20XO 20x1 CC Asset cas $4.000 9.200 7.700 20.900 57.100 7.200 5.000 19.300 12.900 5,700 39.500 12.700 7.400 39.400 Accounts Receivable drventories Total Current Assets Qocratic Assets Plant Property, and Equipment Long-term Notes Receivable Total Assets Liabilities & Stockholders' Equity Current Liabilities Accounts Payable Other Payables Total Current abilities Long term Liabilities Mortgage Note Payable Total Liabilities 3.700 500 4,900 5,300 4.200 10.2001 13.700 17.900 16.100 26,300 Stockholders' Equity Common Stock no par) Retained Earnings Total Liabilities and Stockholders' Equity 7.900 7.400 13.700 5,700 39.500 39 400 Emily Company Income Statement For the years ended December 31, 20X0 and 20X1 20XO 20x1 Sales Revenge Cost of Goods Sold Selling and Administrative Expenses Tax Expense Net Income $27,800 (3.600) 11.700) (4,725) 17.775 $30.000 (6.2003 (2.2001 (4,704) 17,696 O 0.83 O 203 O 166 03.02 O 137