Fhantom I$-$corporatec, reported the following account balances on January I.

The compary entered into the following trensictions du ng the yead.

Jaluary $15$ Iss je: $15,280$ shares of $$1$ per tomor s Lock for $$70,002$ tast.

for $-$r eres. and incone Lakes.:

Calculate the Debt to Assets Ratio and analyze the impact of the Debt to Assets Ratio. $($Round your answer to $2$ decimal

places.$)$