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Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation

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Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of \$) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends (millions of \$) Int rate on notes payable \& L-T bonds Federal plus state intome tax rate Year-end stock price $24,960 $5,460 8,330 $13,790 $38,750 2022 $61,500 54,698 1,024 $5,778 829 $4,949 $1,732 $3,217 5000 $443.63 6.25% 35% $30.42 The balance sheet and income statement shown below are for Koski Inc. Refer to the above table. What is the firm's total debt-to-equity ratio? Do not round your intermediate calculations. 96.2% 98.7% 87.0% 88.1% 92.5%

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