Fayer Corporation Has Provided the Following Financial Data

Fayer Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $4,500.The market price of common stock at the end of Year 2 was $10.88 per share. The company's debt-to-equity ratio at the end of Year 2 is closest to:

A) 0.22
B) 0.27
C) 0.45
D) 0.19