Question: Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Debt ratio Data

Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Debt ratio Data table Joseph Hilton, M.D. Trial Balance September 30, 2024 Balance Account Title Debit Credit Cash 38,000 Accounts Receivable 8,000 Office Supplies 2,500 Land 21.000 Building 65,000 Office Equipment 28,000 Accounts Payable 2.200 Utilities Payable 1,100 Unearned Revenue 24,825 Notes Payable 58,000 Common Stock 120,000 Dividends 50,000 Service Revenue 31,375 Salaries Expense 23,800 Utilities Expense 400 Advertising Expense 800 237,500 $ 237,500 Total Print Done

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