Question 3 (10 points) You have a firm that has: revenues of $100,000; COGS of $60,000; other expenses of $15,000; Taxes of $9,000: Interest of $1,500; cash of $5,000; accounts receivable of $11,000; inventory of $5,000: Net PP&E of $75,000; Goodwill of $10,000; accounts payable of $12,000; other current liabilities of $5,000; long term debt of $35,000; and other liabilities of $5,000. What then is its debt ratio? 1.24 1.88 12.00 16.67 30.42 40.15 41.67 58.40