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Required Information [The following information applies to the questions displayed below.) The accounting records of Nettle Distribution show the following assets and liabilities as of

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Required Information [The following information applies to the questions displayed below.) The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cash Accounts receivable Office supplies Office equipment Trucks Building Land Accounts payable Note payable 2018 $ 45,313 24,597 3,880 119,183 46,687 2019 $ 7,239 19,284 2,842 126,868 55,607 155,367 38,769 32,072 94,136 64,665 3. Compute the 2019 year-end debt ratio for the business Debt Ratio Choose Denominator: Choose Numerator 1 Debt Ratio Debt ratio

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