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JP Corporation reports the following year end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 52,eee Current liabilities 67,000 Long-term liabilities 72,000 Common stock 157,eee Retained earnings $ 348,000 Total liabilities and equity $ 87,000 50,000 112, eee 99,000 $ 348,000 Multiple Choice 137 0.61 039 Multiple Choice 1.37 0.61 0.39 2.20 0.65