March Madness, Inc. reports total liabilities of 617,500 and total stockholders equity of $332,500. What is the debt ratio? (Round your final answer to two decimal places.)

Note: debt ratio = Total liabilities / Total assets

Question 20 1 pts March Madness, Inc. reports total liabilities of 617,500 and total stockholder's equity of $332,500. What is the debt ratio? (Round your final answer to two decimal places.) Note: debt ratio = Total liabilities / Total assets O 0.35 1.86 O 0.65 O 0.54