The following information is for SimClo Inc.

Partial Balance Sheet:

Cash

$20$

Accounts receivable

$1,000$

Inventories

$2,000$

Total current assets

$3,020$

Net fixed assets

$2,980$

Total assets

$6,000$

Income Statement:

Sales

$10,000$

Cost of goods sold

$8,000$

EBIT

$2,000$

Interests

$400$

EBT

$1,600$

Taxes

$640$

Net Income

$960$

tax rate

$40\%$

Interests rate on outstanding debt

$10\%$

Industry measures:

Days Sales Outstanding $($DSO$)$:

$30$

Inventory turnover:

$5$

SimClo Inc. plans to change its DSO $($days sales outstanding$)$ policy so as to cause its DSO to be equal to the industry average, and this change is expected to have no effect on either sales or cost of goods sold. If the cash generated from changing DSO policy is used to retire debt $($which was outstanding all last year$),$ what will SimClo's new debt$-$to$-$asset ratio be after the change in DSO is reflected in the balance sheet?