At the Beginning of the Current Year,Trenton Company's Total Assets

Multiple Choice

At the beginning of the current year,Trenton Company's total assets were $248,000 and its total liabilities were $175,000.During the year,the company reported total revenues of $93,000,total expenses of $76,000 and owner withdrawals of $5,000.There were no other changes in owner's capital during the year and total assets at the end of the year were $260,000.Trenton Company's debt ratio at the end of the current year is:

A) 70.6%.
B) 67.3%.
C) 32.7%.
D) 48.6%.
E) 1.42%.