Susan's Clothing​ Shop, Inc. reports operating income of $420,000 and interest expense of $34,600. The average common​ stockholders' equity during the year was $54,000. Assets have a balance of $189,000​, current liabilities are $44,000 and long−term liabilities are $45,000.
What is the debt​ ratio? (Round your final answer to two decimal​ places.)
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Part 1
A. 0.47
B. 0.21
C. 0.29
D. 0.45