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Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total Assets Total Liabilities Total Equity $450,000 132,000 318,000 What

Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total Assets Total Liabilities Total Equity $450,000 132,000 318,000 What is the company's debt ratio as of December 31? (Round your percentage answer to two decimal places.) O A. 100.00% O B. 29.33% O c. 41.51% OD. 70.67%

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