Problem: Harkin Company, which has been in operation for five years, currently has total liabilities of $125,000 and their stockholders' equity of $75,000. Half of their liabilities are current liabilities and the company has $75,000 in current assets. The company's profit before interest and taxes is $22,000 and its total interest charges are $10,000. The company has a net operating income of $185,000 and a total debt service of $100,000. The company is interested in applying for a line of credit at the local bank. What is the company's debt ratio? Be detailed in your response and provide examples also.