Faultless, Inc - Refer to the Financial Information Presented for Faultless, Inc

Faultless, Inc.
Selected data from Faultless' financial statements are provided below:
$\begin{array}{lcc}&\underline{2012}&\underline{2011}\\\text { Current Assets } & \$ 6,000 & \$ 3,000 \\\text { Long-Term Assets } & 7,000 & 4,000 \\\text { Current Liabilities } & 2,000 & 3,000 \\\text { Long-Term Liabilities } & 7,000 & 0 \\\text { Stockholders' Equity } & 4,000 & 4,000 \\\text { Net Sales } & 9,500 & 9,100 \\\text { Net Income } & 1,000 & 5000\end{array}$
- Refer to the financial information presented for Faultless, Inc. What is the debt to assets ratio for Faultless in the year 2011 and 2012?

A) 0.692 in 2011 and 0.429 in 2012.
B) 0.429 in 2011 and 0.692 in 2012.
C) 2.250 in 2011 and 0.750 in 2012.
D) 0.750 in 2011 and 2.250 in 2012.