Hu Corporation Use the following Assets section of Hu Corporations balance sheets for the years ended December 31, 2017 and 2016 to answer the questions that follow. HU CORPORATION Assets Section of Consolidated Balance Sheets (in millions) at December 31, 2017 2016 ASSETS Current Assets Cash and equivalents $ 719 $2,610 Short-term investments 0 886 Receivables, less allowances of 6,054 464 $1,889 and $97 Inventories 1,791 0 Prepaid expenses and other current assets 1,710 711 Total Current Assets $10,274 $4,671 Noncurrent inventories and film costs 6,853 0 Investments 6,886 3,824 Land and buildings $ 2,107 $ 440 Cable television equipment 9,966 0 Furniture, fixtures, and equipment 4,329 1,297 Property, plant, and equipment $16,402 $1,737 Less: Accumulated depreciation (3,718) (696) Property, plant, and equipment (net) 12,684 1,041 Music catalogue, and copyrights 2,927 0 Cable television and sport franchises 27,109 0 Brands and trademarks 10,684 0 Goodwill and other intangibles 128,338 713 Other assets 2,804 578 Total assets $208,559 $10,827 Hu Corporation recorded depreciation expense of $344 million for 2016. Refer to the information for Hu Corporation. Required: Calculate the following ratios for Hu for 2017. A. Average life of property, plant, and equipment B. Average age of property, plant, and equipment C. What information do these ratios provide to investors and creditors?