Question: Could you explain what i need to do here? without telling me the exact answer? Problem 2-5 Algorithmic (@ Saved 3 Required information Part 3

Could you explain what i need to do here? without telling me the exact answer?

Could you explain what i need to do here? without
Problem 2-5 Algorithmic (@ Saved 3 Required information Part 3 of 3 Problem 2-5A Computing net income from equity analysis, preparing a balance sheet, and computing the debt ratio LO C2, A1, A2, P3 The following information applies to the questions displayed below 33.34 points The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 2018 2019 Cash $ 46, 732 $ 7, 748 Accounts receivable 25, 367 19 , 888 Book Office supplies 4, 001 2, 931 office equipment 122, 833 130, 841 Trucks 48, 067 57 , 067 Building 160, 233 Print Land 39, 982 Accounts payable 66, 690 33, 077 Note payable 100, 215 References Problem 2-5A Part 3 3. Compute the 2019 year-end debt ratio for the business. Debt Ratio Choose Numerator: / Choose Denominator: = Debt Ratio Debt ratio

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