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Wichita, Incorporated reported the following amounts on its financial statements prepared as of the end of the current accounting period Revenues Expenses Net Income

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Wichita, Incorporated reported the following amounts on its financial statements prepared as of the end of the current accounting period Revenues Expenses Net Income Current Assets Long-term Assets $232,000 195,040 $ 66,000 198,000 $ 36,960 Total Assets $264,000 Current Liabilities $ 50,000 Long-term Liabilities 96,000 Total Liabilities 146,000 Common Stock $ 56,000 Retained Earnings 62,000 Total Equity 118,000 Total Liabilities and Equity $264,000 What is the company's debt-to-assets ratio?

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