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Based on the Above Figures, What Is the Debt Ratio

Question 18

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£000Nan-current assets22,000current assets12,000Equity14,000Nan-Eurrentliabilities10,00Current liabilities10,000\begin{array}{l}\begin{array} {lll } &£000\\\text {Nan-current assets}&22,000\\\text {current assets}&12,000\\\text {Equity}&14,000\\\text {Nan-Eurrentliabilities}&10,00\\\text {Current liabilities}&10,000\\\end{array}\end{array} Based on the above figures, what is the debt ratio?


A) 0.45:1
B) 0.59:1
C) 0.70:1
D) 0.83:1

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