$ 15,000 130,000 290,000 $420,000 $ 20,000 Given the following Year 12 balance sheet data for a footwear company: Balance Sheet Data Cash on Hand Total Current Assets Total Fixed Assets Total Assets Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Bank Loans Total Current Liabilities Long-Term Bank Loans Outstanding Total Liabilities Year 11 Shareholder Equity: Year 12 Balance Change Common Stock 20,000 Additional Capital 120,000 Retained Earnings 60,000 20,000 Total Shareholder Equity 200,000 +20,000 Total Liabilities and Shareholder Equity 5,000 22,000 47,000 153,000 200,000 20,000 120,000 80,000 220,000 $420,000 Based on the above figures and the definition of the debt-assets ratio presented in the Help section for p. 5 of the Footwear Industry Report, the company's debt-assets ratio (rounded to 2 decimal places) is