Instructions: Use the following information to answer question Balance Sheet As of 12/31/16

ASSETS			LIABILITIES
Cash	$600,000		Accounts Payable	$700,000
Accounts Receivable	700,000		Mortgage	2,000,000
Inventory	500,000
Building	2,800,000		Total Liabilities	$2,700,000
			FUND BALANCE
			Restricted Funds	$1,000,000
			Unrestricted Funds	900,000
			Total Fund Balance	$1,900,000
Total Assets	$4,600,000		Total Liabilities + Fund Balance	$4,600,000

What is the debt ratio?