A retail company that leases the majority of its space has: ·total assets of $4,500 million, ·total long-term debt of $2,125 million, and ·average interest rate on debt of 12%. Note 8 to the 2011 financial statements contains the following information about the company’s future beginning of year lease commitments: Note 8: Operating leases After adjustment for the off-balance-sheet financing, the debt-to-total-assets ratio for the company is closest to: A. 55%. B. 57%. C. 65%.