5. For 2022, Lail Company reports beginning total assets of $100 million and ending total assets of $180 million. Beginning common stockholders' equity was $60 million and ending stockholders' equity was $90 million. Net income for 2022 was $45 million. The leverage ratio for 2022 equals: A. 0.53 B. 3.11 C. 1.94 D. 1.67