At the beginning of the year, Norwood Pass Industries had $240,000 in total assets and a debt-to-assets ratio of 05 or 50% During the year, Norwood's assets increased by $80,000, and its liabilities increased by $72,000. What is the debt-to-assets ratio at the end of the year? Multiple Choice 0.6 or 60% 0.4 or 40% 0.9 or 90% 17 or 170%