Based on the Below Figures, What Is the Debt Ratio

question 18

Multiple Choice

Based on the below figures, what is the debt ratio?
$\begin{array}{lc} & £ 000 \\\text { Non-current assets } & 22,000 \\\text { Current assets } & 12,000 \\\text { Equity } & 14,000 \\\text { Non-current liabilities } & 10,000 \\\text { Current liabilities } & 10,000\end{array}$

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

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