Susan's Clothing Shop, Inc. reports operating income of $389,000 and interest expense of $30,000. The average common stockholders' equity during the year was $55,000. Assets have a balance of $195,000, current liabilities are $40,000 and longterm liabilities are $50,000. What is the debt ratio? (Round your final answer to two decimal places.)

A.

0.5

B.

0.23

C.

0.31

D.