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QUESTION 39 s Company reported the following account balances on its After Closing Trial Balance (DR = Debit/CR = Credit) Bonds Payable $7,000 CR Supplies $7,000 DR Accounts Receivable $1,000 DR Accounts Payables $5,000 CR Building & Land $13,000 DR Retained Earnings $4,000 DR Cash $5,000 DR Discount-Bonds Payable $2,000 DR If $4,000 of the Accounts Payable were paid using cash, what would be the debt to assets ratio taking into account the payment of the Accounts Payable? Round to the nearest 3rd decimal place in your answer format (.###)