Young, Inc. 2018 Statement of comprehensive Income ($ in millions) Net sales $1384 Tess Cost of goods sold 605 Less: Depreciation 180 Earnings before interest and taxes 599 Less: Interest paid Taxable income Less Taxes 156 Net Income $363 Addition to retained earnings Dividends paid $254 2017 Young, Inc. 2017 and 2018 Statement of financial position ($ in millions) 2017 2018 $100 $121 Accounts payable $400 Accounts rec. 350 425Notes payable 390 440 Inventory 410 $7901 Total Total $890 $956 Long-term debt 500 Net fixed assets 1.556 1704 Common stock Retained earnings 556 Total assets $2,446 $2,660 Total liabilities $2.446 2018 $350 370 $720 550 580 810 $2.660 A firm has a debt-equity ratio of 56. What is the total debt ratio? .