3. Buick Company presented the following data at the end of 2019: Current liabilities $400,000 Long-term debt 2.200.000 Deferred income taxes 800,000 Preferred stock 320,000 Common stock 1,420,000 Retained earnings 1,080,000 Determine the debt-to-total assets ratio for Buick Company (rounded). A) 0.55 B) 0.38 C) 0.08 D) 0.66