Question: Given the following Year 12 balance sheet data for a footwear company: Based on the above figures and the definition of the debt-assets ratio presented
Given the following Year 12 balance sheet data for a footwear company: Based on the above figures and the definition of the debt-assets ratio presented in the Help section for p. 5 of the Footwear Industry Report, the company's debt-assets ratio (rounded to 2 decimal places) is \begin{tabular}{|l} \hline 0.45 \\ \hline 0.46 \\ 0.42 \\ 0.40 \\ 0.48 \\ \hline \end{tabular}
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