QUESTION $11$

Bunko, Inc. reported a debt$-$to$-$equity ratio of $2\mathrm{.}1$ times at the end of $2033.$ If the firm's total assets at year$-$end are $$200$ million, how much of their assets is financed with equity?

$$34\mathrm{.}48m$

$$64\mathrm{.}52m$

$$52\mathrm{.}63m$

$$100m$