The adjusted trial balance for the year of Nelson Corporation at July 31, 2018, follows. Click the icon to view the adjusted trial balance.) Read the requirements. Less: Prepare the balance sheet. (If a box is not used in the balance sheet leave the box empty; do not select a label or enter a zero. Do not classify the balance sheet into current and long-term sections.) Nelson Corporation Balance Sheet July 31, 2018 Assets Liabilities Stockholders' Equity Less: Requirement 2. Nelson's lenders require that the company maintain a debt ratio no higher than 0.50. Calculate Nelson's debt ratio at July 31, 2018, to determine whether the company is in compliance with this debt restriction. If not, suggest a way that Nelson could have avoided this difficult situation. Begin by selecting the labels and then enter the amounts to compute Nelson's debt ratio at July 31, 2018. (Round your calculation to two decimal places.) Debt ratio Nelson's lenders require that the company maintain a debt ratio no higher than 0.50. Nelson is with this debt restriction at July 31, 2018. Choose from any list or enter any number in the input fields and then continue to the next in compliance out of compliance