YOUNG Inc. reports the following financial information (10 Marks) Young, Inc.2018 Statement of comprehensive income($ in millions) Net sales $1,384 Less: Cost of goods sold 605 Less: Depreciation 180 Earnings before interest and taxes 599 Less: Interest paid 80 Taxable income 519 Less: Taxes 156 Net income $363 Addition to retained earnings Dividends paid $254 109 Young, Inc.2017 and 2018 Statement of financial position(s in millions) 2017 2018 2017 2018 Cash $100 $121 $400 $350 Accounts payable Notes payable Accounts rec. 350 425 390 370 440 410 Total Inventory Total $790 $720 $890 $956 Long-term debt 500 550 Net fixed assets 1.556 1.704 common stock 600 580 Retained earnings 556 810 Total assets $2,446 $2,660 Total liabilities $2,446 $2,660 Use the above financial information to work on the below questions. a. What is the quick ratio for Young for 2017? b. What is the debt-equity ratio for 2017? c. What was inventory turnover for 2018? d. What was the return on equity for 2018? e. What is the days' sales in receivables for 2018