# Calculate Debt Ratio: Requirements: Given the following figures from a balance sheet: Total Liabilities: $300,000 Total Assets:

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## Question:

**Calculate Debt Ratio:**Â Requirements:- Given the following figures from a balance sheet:
- Total Liabilities: $300,000
- Total Assets: $700,000

- Compute the debt ratio.
- Express the debt ratio as a percentage.
- Provide the calculated debt ratio.

- Given the following figures from a balance sheet: