Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 10,000 Accounts payable 18,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 6,000 Current liabilities 24,000 Inventory 42,000 Long-term debt 95,000 Current assets 60,000 Total liabilities 119,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 35,000 Net fixed assets 114,000 Equity 55,000 Total assets 174,000 Total liab. & equity 174,000 Line item Value Sales 75,000 - Costs 61,500 - Depreciation 2,000 = EBIT 11,500 - Interest 800 = Taxable income 10,700 - Taxes 3,531 = Net income 7,169 - Attempt 1/10 for 10 pts. Part 1 What is the total debt ratio (including all liabilities)? k+ decimals Submit