Young, Inc. 2018 Statement of comprehensive income ($ in millions) Net sales $1,384 Less: Cost of goods sold 6051 Less: Depreciation 180 Earnings before interest and taxes 599 Less: Interest paid 80 Taxable income 519 Less: Taxes 156 Net income $3631 Addition to retained earnings $254 Dividends paid 109 Young, Inc. 2017 and 2018 Statement of financial position ($ in millions) 20171 2018 2017 $1001 $121|Accounts payable $400 350 425 Notes payable 3901 4101 Total 7an Cash Accounts rec. linwentary 2018 $350 370 7201 44 Young, Inc. 2017 and 2018 Statement of financial position ($ in millions) 2017 2018 2017| 2018 Cash $100 $121|Accounts payable $400 $350 Accounts rec. 3501 425 Notes payable 390 3701 Inventory 4401 410 Total $790 $720 Total $890 $956 Long-term debt 5001 550 Net fixed assets 1,556 1704 Common stock 600 580 Retained earnings 556 810) Total assets $2,446 $2,660 Total liabilities $2,446 $2,660 What is the current ratio for Young in 2018? Multiple Choice 1.21 O 1.33 1.13 O 1.47 1.23