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Data from the financial statements of Nancarrow Brothers Co. and J. C Murphy, Inc. are presented below (in millions): Nancarrow Brothers Co. J. C Murphy,

Data from the financial statements of Nancarrow Brothers Co. and J. C Murphy, Inc. are presented below (in millions):

Nancarrow Brothers Co.

J. C Murphy,

Inc.

Total liabilities, 2019

$70,914

$47,422

Total liabilities, 2018

72,208

60,092

Total assets, 2019

100,372

73,744

Total assets, 2018

94,114

70,416

Net Sales, 2019

306,932

163,040

Net income, 2019

280

1,572

To the nearest hundredth, what is the 2019 debt-to-total assets ratio for Nancarrow Brothers Co.?

Select one:

A. 44.16

B. 0.26

C. 3.78

D. 0.71

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