i need DEBT TO ASSETS RATIO
Summarized financial data for two competitors is set out below:
(All balances are as of 12/31/08 or for the year ended 12/31/08)
Oscar Corp
Felix Corp
Sales revenue
800000
600000
Total expenses
400000
200000
Cash
90000
25000
Accounts receivable
120000
75000
Property plant and equipment net
250000
225000
Accounts payable
95000
60000
Salaries payable
75000
35000
Long term liabilities
150000
75000
Common shares outstanding beginning of year
50000
25000
Common shares outstanding end of year
100000
40000
No dividends were paid during 2008.