A Firm Submits Their Financial Records to a Bank

A firm submits their financial records to a bank.Upon examination,the bank discovers that this firm has $500 in cash,$2,500 in accounts receivables,$1,000 in inventory,$5,000 in plant and equipment and that their assets totaled $9,000.In addition this bank discovered that the firm had $2,000 in current liabilities,$2,500 in long-term debt,and $4,500 in net worth.Finally this bank discovered that this firm had $20,000 in net sales and $2,000 in net income.What is this firm's leverage ratio?

A) 22.50 percent
B) 44.44 percent
C) 50.00 percent
D) 88.89 percent
E) None of the options is correct.