Use the following information to compute the debt ratio.

Use the following information to compute the debt ratio. Assume that the list includes all liability and equity items.


Accrued Income Taxes Payable

$ 9,000

Notes Payable (due in 14 months)

1,100

Paid-In Capital

1,750

Treasury Stock

400

Current Portion of Long-Term Debt

10,000

Unearned Revenue

250

Accounts Payable

700

Retained Earnings

1,000

Additional Paid-In Capital

4,000


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