MEGAFRAME COMPUTER COMPANY Balance sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses Long-term debt Common stock $50,00070,000110,000220,000450,000 Paid-in capital Retained earnings Total liabilities and stockholders' equity $70,00050,000130,00070,00040,00090,000$450,000 Refer to the tables above. The firm's debt to total assets ratio is