find the Total Debt to Total Capital Ratio? 

Debt to Capital Ratio Formula = Total Debt/Total Assets-(Accounts Payable+Accruals)

Total Debt= 53,900

Total Assets= 70,000

Accounts Payable=27,531

Accruals=12,239

(Total Asset-(Accounts Payable+Accruals))=30,100

53,900/30,100=1.7906

Please help explain the correct way to solve this problem.

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The balance shoot and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lose any sorts, none of its debt must be retired during the next 5 years, and the retex payable will be rolled over. Balance Sheet (Millions of $1 Assets Cash and securiti Accounts receivable 2019 $4,200 17,500 Inventor 20,300 Total current assets $42,000 Net plant and equipment $28,000 Total $70,000 Liabilities and Equity Accounts payable $27,531 Accruals 12,369 Notes payable 5,000 Total currentl Long-term bonds Total abilities Common stock Retained earrings Totalcommon equity Total abilities and equity $44,900 $9,000 $53,000 $3,864 12,236 $16,100 $10,000 Income Statement (Millions of $1 2019 Net sales $112,000 Operating costs except depreciation 104,160 Depreciation 2,240 Earnings before interest and taxes (EBIT) $5,600 Liter 840 Earnings before las (EBT) $4,760 1,190 Net income $3,570 Other data Shares outstanding (millions) Common dividends (millions of Intrate on notes payable & L-bonds Federal plus state income rate Year-end stock price 500.00 $1249.50 6% 25% $68.54 Refer to Exhibit 4.1. What is the firm's total debt to total capital ratio? Do not round your intermediate calculation a.46.51% b. 36.74 c53.02 35.35 57.67% The balance shoot and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lose any sorts, none of its debt must be retired during the next 5 years, and the retex payable will be rolled over. Balance Sheet (Millions of $1 Assets Cash and securiti Accounts receivable 2019 $4,200 17,500 Inventor 20,300 Total current assets $42,000 Net plant and equipment $28,000 Total $70,000 Liabilities and Equity Accounts payable $27,531 Accruals 12,369 Notes payable 5,000 Total currentl Long-term bonds Total abilities Common stock Retained earrings Totalcommon equity Total abilities and equity $44,900 $9,000 $53,000 $3,864 12,236 $16,100 $10,000 Income Statement (Millions of $1 2019 Net sales $112,000 Operating costs except depreciation 104,160 Depreciation 2,240 Earnings before interest and taxes (EBIT) $5,600 Liter 840 Earnings before las (EBT) $4,760 1,190 Net income $3,570 Other data Shares outstanding (millions) Common dividends (millions of Intrate on notes payable & L-bonds Federal plus state income rate Year-end stock price 500.00 $1249.50 6% 25% $68.54 Refer to Exhibit 4.1. What is the firm's total debt to total capital ratio? Do not round your intermediate calculation a.46.51% b. 36.74 c53.02 35.35 57.67%