A firm wishes to maintain a growth rate of 10 percent and a dividend payout ratio of 54 percent. The ratio of total assets to sales is constant at 1, and the profit margin is 10.1 percent. If the firm also wishes to maintain a constant debt-equity ratio, what must it be? (Do not round your intermediate calculations.)

Please show all work. Credit will not be given if I cant understand what I am doing wrong.

a. 3.67

b. 4.67

c. 6.67

d. 5.67

e. 0.96

As stated in bold, it is looking for the constant debt ratio.