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To satisfy his bank's loan restrictions, Ian must maintain a debt ratio of less than 5 0 % . At this time, his current assets

To satisfy his bank's loan restrictions, Ian must maintain a debt ratio of less than 50%. At this time, his current assets are $67,500, his total assets are $123,500, his current liabilities are $28,500, and his total debt is $56,500. Is he satisfying the bank's requirements?
Yes, his debt ratio is currently 46%.
No, his debt ratio is currently 55%.
No, his debt ratio is currently 219%.
Yes, his debt ratio is currently 24%.

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