The Dalance et Corporation are as follows: Balance Sheet as of December 31, 2019 ASSETS LIABILITIES & EQUITY Cash & marketable sec, $3,500 Accounts Receivable 47,000 Inventory 13,000 Total current assets $63,500 Accounts payable Taxes payable Short-term borrowings Total current liabilities $38,000 9,000 20,500 $67,500 Net P.PSE $452,000 Long-term debt $200,000 Total liabilities $267,500 Common stock at par $80,000 Additional paid-in capital $45,000 Retained earnings $123,000 $515,500 TOTAL LIABILITIES & EQUITY $515,500 TOTAL ASSETS Income Statement for the year ending December 31, 2019 Sales $750,000 Cost of goods sold 540,000 Gross profit $210,000 S, G&A 115,000 Operating profit 1 $95,000 Interest expense 14.994 Earnings b4 tax $80,006 Income tax 20,002 Net Income $60,005 Rocket's stock was selling for $7 a share at the end of 2019, and there were 95 thousand shares outstanding. Rocket paid dividends of $0.5 a share in 2019. Calculate Rocket's financial debt-to-market value onuit ratin for 2010 BI e a 6 B B TOTAL ASSES Edning 313,00 TOTAL LIABILITIES YULIY53,000 Income Statement for the year ending December 31, 2019 Sales $750,000 Cost of goods sold 540,000 Gross profit $210,000 S.GSA 115,000 Operating profit $95,000 Interest expense 14.994 Earnings b4 tax $80,006 Income tax 20,002 Net Income $60,005 Rocket's stock was selling for $7 a share at the end of 2019, and there were 95 thousand shares outstanding. Rocket paid dividends of $0.5 a share in 2019. Calculate Rocket's financial debt-to-market value equity ratio for 2019 Group of answer choices 40.2% 29.5% 33.2% 15.0% RE e 72 FS %