Question: What should be the formula in B13? A B 1 2017 2 Cash 62,000 3 Accounts Receivable 348,000 4 Inventory 728,000 5 Plant & Equipment

What should be the formula in B13? A B 1 2017 2 Cash 62,000 3 Accounts Receivable 348,000 4 Inventory 728,000 5 Plant & Equipment 629,000 6 Accumulated Depreciation 149,000 7 Accounts Payable 157,000 8 Notes Payable 263,000 9 Other Current Liabilities 166,000 10 Long-term Debt 423,000 11 Common Stock 414,000 12 Retained Earnings 195,000 13 Long-Term Debt Ratio ? Select one: a. B10/SUM(B2:B5) b. B10/(SUM(B2:B5)-B6) c. B11/SUM(B2:B5) d. SUM(B7:B10)/(SUM(B2:B5)-B6) e. B10/SUM(B2:B6)

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