Suppose the following data were taken from the 2017 and 2016 financial statements ofAmerican Eagle Outfitters. (All numbers, including share data, are in thousands.)

20172016Current assets$925,359$1,020,834Total assets1,963,6761,867,680Current liabilities401,763376,178Total liabilities554,645527,216Net income179,061400,019Net cash provided by operating activities302,193464,270Capital expenditures265,335250,407Dividends paid on common stock82,39480,796Weighted-average shares outstanding205,169216,119

Calculate the debt to assets ratio for each year.(Round answers to 1 decimal place, e.g. 29.5%.)

2017

2016

Debt to assets ratio

%

%