Presented below is selected financial information for Matthews Corporation for the most recent fiscal year ended December 31 ($ in millions):

Current Assets:

Cash and cash equivalents $ 2,442

Short-term investment 1,416

Receivables, net 1,310

Merchandise inventories 5,184

Other current assets 1,417

Total current assets 11,769

Noncurrent assets 3,557

Total assets $15,326

Current Liabilities:

Accounts payable $ 5,000

Other current liabilities 2,777

Total current liabilities 7,777

Noncurrent liabilities 2,519

Shareholders' equity 5,030

Total liabilities and shareholders' equity $15,326

Revenues $40,339

Costs and expenses 38,889

Operating income $ 1,450

Other income/expenses (including,

interest expense of $90) (73)

Income before taxes 1,377

Income tax expense (151)

Net income $ 1,226

Previous Year's Financial Data:

Total assets $13,913

Shareholders' equity 4,109

Based on the information provided above, the financial leverage for Matthews Corporation is _______. (Round your answer to two decimal places.)

Group of answer choices

3.39.

3.20.

3.05.

2.86.