1. A firm has a debt-equity ratio of 1.10. The total debt ratio is closest to:

[A] 1.10

[B] 0.91

[C] 0.53

2. Silver Spoon Antiques had balances in common stock of $3,450 million and $3,465 million, for 2018 and 2019 respectively, and cash flow to shareholders of $65,000. Dividends paid in 2019 were closest to

[A] $80,000

[B] $50,000

[C] $65,000