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Homework: Homework 2 Score: 0 of 1 pt 6 of 6 (4 complete) E2-28 (similar to) John Hill, M.D., reported the following trial balance as
Homework: Homework 2 Score: 0 of 1 pt 6 of 6 (4 complete) E2-28 (similar to) John Hill, M.D., reported the following trial balance as of September 30, 2018: E: (Click the icon to view the trial balance.) Data Table -X Calculate the debt ratio for John Hill, 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 John Hill, M.D. Trial Balance September 30, 2018 % Balance Account Title Debit Credit Cash $ 33,000 Accounts Receivable Office Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Notes Payable 7,200 2,500 24,000 95,000 22,000 $ 1,700 700 12,309 90,000 Common Stock 120,000 Dividends 54,000 Service Revenue 36,991 23,000 Salaries Expense Utilities Expense 900 100 Advertising Expense $ 261,700 $ Total 261,700 Print Done Choose from any list or enter any number in the input fields and then click Check
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