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Northwest Sports Inc. has the following balance sheet and the income statement. Make sure the unit is in million dollars. The company has 1,000 millions

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Northwest Sports Inc. has the following balance sheet and the income statement. Make sure the unit is in million dollars. The company has 1,000 millions of common stock outstanding and its market price of the common stock is $52 at the end of 2014. Therefore, its total market capitalization is $52,000 milion Make sure the unit is in million dollars. (unit in millions) Southeast Systems Balance Sheets 2013 2013 2014 Cash 50.000 $6,000 $2.000 4200 Accounts receivable 700 ventory 0.000 2014 $3,000 Accounts payable 4.300 Notes payable 7.800 Long-term debt 20.000 Common quity Betained camlag 35.100 Total Labs Owners Equity 300 14.000 5.000 13,000 5.000 . 18.000 Total Assets) 2.300 $35.100 $32,800 332.000 Income Statement 2014 Cost of goods sou Depreciation $36.000 20.000 3.000 EBET 5,000 1000 Tawatile Income 4,000 Depreciation 3,000 EBIT 5,000 Interest expenses 1,000 Taxable income 4,000 Taxes 1,400 Net income 2,600 Dividends $1,400 What is the debt-to-equity (D/E) ratio for 2014? 47 55% 223.65% 145.45% O 139.86%

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