44. A Debt/Assets ratio of 75% and a ROE of 12% means:

a. the owners of XYZ are financing 75% of the firms assets in order to receive a 12% return on their personal investment in the companys stock

b. 12% of the firms profits are financed with equity

c. the firm can cover interest payments with $0.25 of every dollar left for profit

d. 25% of assets are financed with owners equity