Shown as follows is selected information from the financial statements of Dickson, Inc., a retail furniture store.

From the balance sheet:Cash$30,000Accounts receivable150,000Inventory200,000Plant assets (net of accumulated depreciation)500,000Current liabilities150,000Total stockholders' equity300,000Total assets1,000,000From the income statement:Net sales$1,500,000Cost of goods sold1,080,000Operating expenses315,000Interest expense84,000Income tax expense6,000Net income15,000From the statement of cash flows:Net cash provided by operating activities

(including interest paid of $79,000)$40,000Net cash used in investing activities(46,000)Financing activities:Amounts borrowed$50,000Repayment of amounts borrowed(14,000)Dividends paid(20,000)Net cash provided by financing activities16,000Net increase in cash during the year$10,000

ComputeDebt ratio