Given the Balance Sheet displayed, and with Sales of 15,000,000 and a Net Income of 1,600,000, what is the total debt ratio? Assets (000 SGD) Liabilities & Equity ('000 SGD) Cash Inventories Account receivables Fixed assets Total 2,000 12,000 5,000 23,000 42,000 Account payable Short term loans Long term debt Equity Total 3,300 21,700 3,000 14,000 42,000 O 0.667 O 2.000 O 0.333 O 0.588