Given the following Year 12 balance sheet data for a footwear company: Balance Sheet Data       Cash on Hand     5,000 Total Current Assets     70,000 Total Assets     300,000 Overdraft Loan Payable     3,000 1-Year Bank Loan Payable     15,000 Current Portion of Long-Term Loans     20,000 Total Current Liabilities     55,000 Long-Term Bank Loans Outstanding     100,000 Shareholder Equity: Year 11 Balance Year 12 Change   Common Stock 10,000 0 10,000 Additional Capital 110,000 0 110,000 Retained Earnings 15,000 10,000 25,000 Total Shareholder Equity 135,000 +10,000 145,000 Based on the above figures and the formula for calculating the debt-assets ratio, the company's debt-assets ratio (where debt is defined to include both short-term and long-term debt) is 0

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Given the following Year 12 balance sheet data for a footwear company:

Balance Sheet Data
Cash on Hand			5,000
Total Current Assets			70,000
Total Assets			300,000
Overdraft Loan Payable			3,000
1-Year Bank Loan Payable			15,000
Current Portion of Long-Term Loans			20,000
Total Current Liabilities			55,000
Long-Term Bank Loans Outstanding			100,000
Shareholder Equity:	Year 11 Balance	Year 12 Change
Common Stock	10,000	0	10,000
Additional Capital	110,000	0	110,000
Retained Earnings	15,000	10,000	25,000
Total Shareholder Equity	135,000	+10,000	145,000

Based on the above figures and the formula for calculating the debt-assets ratio, the company's debt-assets ratio (where debt is defined to include both short-term and long-term debt) is
		0.127.
		0.45.
		0.33.
		0.40.
		0.46.