Simulation Quiz 2 Question Given the Tonowing year 12 balance sheet data for a rootwear company: Balance Sheet Data Cash on Hand Total Current Assets Total Fixed Assets Total Assets Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Bank Loans Total Current Liabilities Long-Term Bank Loans Outstanding Total Liabilities Year 11 Year 12 Shareholder Equity Balance Change Common Stock 20,000 Additional Capital 110,000 0 Retained Earnings 60,000 20,000 Total Shareholder Equity 190,000 +20,000 Total Liabilities and Shareholder Equity $ 10,000 130,000 260,000 $390,000 $ 20,000 0 5,000 17.000 42,000 138,000 180,000 Question O Question O Question O Question C Question O Question O Question O Question O Question O Question Question O Question O Question O Question O Question O Question O Question O Question O Question Question = Answered O No Answe 20,000 110,000 80,000 210,000 $390,000 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 0.42 n 2000 OLO BUS Pay Policy Terms o 2 3 5 6 7 8 9