Given the following Year 12 balance sheet data for a footwear company 0 Balance Sheet Data Cash on Hand Total Current Assets Total Assets Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans Total Current Liabilities Long-Term Bank Loans Outstanding 2,000 78,000 330,000 4,000 8,000 18,000 48,000 120,000 Year 11 BalanceChange Year 12 Shareholder Equity: Common Stock Additional Capital Retained Earnings 10,000 100,000 30,000 140,000 10,000 100,000 52,000 162,000 22,000 +22,000 Total Shareholder Equity 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