At the beginning of the current year, Snell Co. total assets were $260,000 and its total liabilities were $180,200. During the year, the company reported total revenues of $105,000, total expenses of $82,000 and owner withdrawals of $11,000. There were no other changes in owner's capital during the year and total assets at the end of the year were $272,000. The company's debt ratio at the end of the current year is?