Jake Hill, M.D., reported the following trial balance as of September 30, 2024 (Click the icon to view the trial balance.) Calculate the debt ratio for Jake 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 Data table Account Title Cash Jake Hill, M.D. Trial Balance September 30, 2024 Accounts Receivable Office Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Notes Payable Hill, Capital Balance Debit Credit 37,000 7,200 2,700 20,000 100,000 22,000 Print Done S 1,800 900 4,306 95,000 130,000 Hill, Withdrawals 51,000 Service Revenue 32,594 Salaries Expense 23,600 Utilities Expense 1,000 100 Advertising Expense $ 264,600 $ 264,600 Total Print Done