Using the following balance sheet and income statement data, what is the debt to assets ratio? 
Average common shares outstanding was 15,000.
Definitions:
Formulating Hypotheses
The process of developing testable predictions based on theory or observations that guide the direction of experimental research.
Projective Tests
A type of personality test in which the individual's responses to ambiguous stimuli reveal hidden emotions and internal conflicts.
Self-Report Inventories
questionnaires or surveys in which individuals provide information about themselves, often used to assess aspects of personality or psychological states.
Idealized Self-Image
A mental image of oneself that represents what they aspire to be, often more perfect or idealized than their actual self.
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