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Jake Hill, M.D., reported the following trial balance as of September 30, 2024: Select the debt ratio formula on the first line and then calculate

Jake Hill, M.D., reported the following trial balance as of September 30, 2024: Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Total assets Data table + + Account Title Cash Accounts Receivable Office Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Total Notes Payable Common Stock Dividends Service Revenue Salaries Expense Utilities Expense Advertising Expense Total liabilities Jake Hill, M.D. Trial Balance September 30, 2024 $ Debit = Balance 32,000 7,700 3,400 22,000 70,000 28,000 55,000 24,100 950 500 $ 243,650 $ Debt ratio Credit % 2,000 750 17,431 63,000 130,000 30,469 243,650 - X
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Jake Hill, M.D., reported the following trial balance as of September 30,2024 : Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Data table

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