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Following is financial statement information for Rogex Corporation: cash = $242; accounts receivable = $850; inventory = $820; net fixed assets = $3,408; accounts payable

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Following is financial statement information for Rogex Corporation: cash = $242; accounts receivable = $850; inventory = $820; net fixed assets = $3,408; accounts payable = $700; short- term notes payable = $740; long-term liabilities = $1,100; common stock = $1,160; and retained earnings = $1,620. The total debt-to-total-assets ratio for Rogex is: a. 0.53 b.0.48 c. 0.71 d.0.27

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