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

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 Hel section for p. 5 of the Footwear Industry Report, the company's debt-assets ratio (rounded to decimal places) is 0.440.420.360.460.43

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