Exhibit 41 The shen A Cash an Ame T Liables and Equity Accuris payab Airal Ne payable Long-arm bonde Common stack Retained eamings Tal common equity Total lab and equity Net sales Operating coats except depreciation Depreciation Eamings before interest and taxes (EBIT) Les intere Eamings before t Net income Other data Shares outstanding (mon) Common dividends (mins of 5) indre on notes payable < bonds Federal plus state income tax rate ORMA 85310 2018 $5,000 12.500 12.500 $30.000 $20.000 $55.000 $11,040 4.960 7,000 $23.000 $12.000 $35,000 $4,200 10.800 $15,000 $50.000 2018 $70,000 05.100 1.400 $3.500 1,140 $1.300 944 $1,416 500.00 $405.00 es 40% $33.40 Balance Sheer (Milline of S) Aasets Cash and securities Accounts receivable 2018 $5,000 12.500 Inventories 12,500 Total currere assets $30,000 Net plant and equipment $20,000 Total assets $50,000 Liabilities and Equity Accounts payable $11,040 Accrusts 4,960 Notes payable 7,000 Total current liabilities $23,000 Long-term bonds $12,000 Total liabilities $35,000 Common stock $4,200 Retained earnings 10,800 Total common equity $15.000 Total liabilities and equity $50,000 Income Statement (Millions of 5) 2018 Net sales $70,000 Operating costs except depreciation 65,100 Depreciation 1,400 Eamings before interest and taxes (EBIT) $3,500 Less interest 1,140 Eamings before taxes (EBT) $2,360 Taxes 944 Net income $1,416 Other data Shares outstanding (millions) Common dividends (millions of $) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $495.60 6% 40% $33.98 Refer to Exhibit 4.1. What is the firm's total debt to total capital ratio? Do not round your intermediate calculations O54.76% Ob.53.09% Oc62.59% Od 55.38% Oe.49.18%