Debt ratio is a ratio of total debt to total assets, calculated using the formula:

Total Debt / Total Assets

The DebtMeasure.java file contains existing code that collects input for totalDebt and totalAssets, then passes the inputs into the Debt object's calculateDR()

method. The code then returns the debtRatio using the Debt object's getDR()method.

Write code in the Debt class of Debt.java that has the following field and methods:

debtRatio: public field of type doublecalculateDR: private method with two parameter variables of type double for totalDebt and totalAssets ◦ The calculateDR method should calculate the debt ratio and assign the results to the debtRatio field. ◦ Use the method signature public void calculateDR(double totalDebt, double totalAssets).getDR: private accessor method that returns the debtRatio field value

Ensure your program output matches the example formatting below and works for a variety of input values.

If the input is:

250000

300000

the output when 250000 is the total debt and 300000 is the total assets is:

The Company's total debt is in the amount of $250,000.00, and total assets are in the amount of $300,000.00, which gives a debt ratio of 0.83.

Solution

public class Debt {
   private double debtRatio;
   
   public void calculateDR(double totalDebt, double totalAssets){
      this.debtRatio = totalDebt / totalAssets;
   }
 
  public double getDR(){
     return debtRatio;
  }
  
   public void setDR(double totalDebt, double totalAssets) {
        calculateDR(totalDebt, totalAssets);
  }
}