[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, 2012 and 2013.

December 31		2012		2013
Cash	$	54,868	$	10,663
Accounts receivable		29,783		23,350
Office supplies		4,698		3,441
Office equipment		144,217		153,618
Trucks		56,434		65,434
Building		0		188,127
Land		0		46,946
Accounts payable		78,300		38,835
Note payable		0		135,073

Late in December 2013, the business purchased a small office building and land for $235,073. It paid $100,000 cash toward the purchase and a $135,073 note payable was signed for the balance. Mr. Nettle had to invest $36,000 cash in the business to enable it to pay the $100,000 cash. Mr. Nettle withdraws $3,000 cash per month for personal use.

The following information applies to the questions displayed below The accounting records of Nettle Distribution show the following assets and lablitles as of December 31, 2012 and 2013. 2012 2013 $54,868 $ 10,663 29,783 23,350 4,698 3,441 144,217 153,618 56,434 65,434 0 188,127 0 46,946 78,300 38,835 0 135,073 December 31 Cash Accounts recelvable Office supplies Office equlpment Trucks Bulding Land Accounts payable Note payable Late In December 2013, the business purchased a small office bullding and land for $235,073. It pald $100,000 cash toward the purchase and a $135,073 note payable was signed for the balance. Mr. Nettle had to Invest $36,000 cash in the business to enable It to pay the $100,000 cash. Mr. Nettle withdraws $3,000 cash per month for personal use value 6.00 points 3. Compute the 2013 year-end debt ratio for the business. bt ratio Choose Numerator:/ Choose Denominator: Debt ratio Debt ratio