Financial Accounting I40416 Homework: Chapter 2 Homework Score: 0 of 5 pts 3 of 5 (2 complete) E2-28 (similar to) 0 Joseph Hilton, M.D., reported the following trial balance as of September 30, 2016: EEB (Click the icon to view the trial balance.) Calculate the debt ratio for Joseph Hilton, M.D Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) : Debt ratio HW Score: 39.09%, 9.77 of 2 on Help Data Table Debit Credit Account Title 39,000 7,300 3,300 21,000 75,000 25,000 s Cash Accounts Receivable Office Supplies Office Equipment Building Land Accounts Payable Utilities Payable Unearned Revenue Notes Payable Common Stock s 2,500 900 16,312 69,000 100,000 Dividends 54,000 Service Revenue 60,388 Salaries Expense Utilities Expense Advertising Expense Total 23,500 400 600 $249,100 $ 249,100 Print Done All Check Answer 2/23/2019