Question: Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equal $200,000 and it has no short-term debt. The firms total equity

Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equal $200,000 and it has no short-term debt. The firms total equity equals $500,000. What is the firms total debt to total capital ratio?

a. 25.00%

b. 42.75%

c. 45.00%

d. 37.50%

e. 30.33%

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