2018 QUESTION 24 Husky, Inc has the following financial statement information for the years ending December 31, 2018 and 2017. (Dollar amounts are in millions of dollars) 2017 Cash $ 1,880 $ 2,087 Accounts receivable, net 2.450 2,496 Inventories 7,378 6,789 Other current assets 214 677 Total current assets $ 11,922 $12,049 Accounts payable $ 4,585 $ 4,308 Other current liabilities 2848 2.461 Tatal current itabilities $ 7433 56.769 The financial statement also includes the following note pertaining to inventories Inventories are valued on a lower of last-in, first-out (LIFO) cost or market basis. At December 31, 2018 and 2017. Inventories would have been greater ty 31.379 million and 51,239 million, respectively, if they had been valued on a lower of first-in, first-out (FIFO) cost or market basis. Inventory includes product cost, inbound freight, warehousing costs, and vendor allowances How would the company's 2018 current ratio change if the company had used FIFO rather than LIFO? a. The company's current ratio would increase by 13.2%. b. The company's current ratio would increase by 11.6% The company's current ratio would increase by 12.65 d. The company's current ratio would increase by 10.74