Emery Corporation Balance Sheet Income Statement​Assets:Cash ​$250,000​Sales​ (all credit) ​ $8,000,000Accounts receivable ​450,000Cost of goods sold ​(4,000,000)Inventory ​500,000Operating expense ​(2,900,000)Net fixed assets ​2,100,000Interest expense ​(150,000)Total assets ​$3,300,000Income taxes ​(380,000)Net income ​$570,000Liabilities and​ owners' equity:Accounts payable ​$100,000​Notes payable    ​450,000Longminus−term debt1,050,000​Owners' Equity ​1,700,000Total liabilities and​ owner's equity ​$3,300,000Based on the information in Table the debt ratio is:________.A. ​40.24%.B. ​48.48%.C. ​53.43%.D. ​18.38%.