. Suppose the 2025 adidas financial statements contain the following selected data (in millions). Current assets...
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. Suppose the 2025 adidas financial statements contain the following selected data (in millions). Current assets $4,116 Interest expense $170 Total assets 8,600 Income taxes 100 Current liabilities 2,450 Net income 223 Total liabilities 4,816 Cash 790 (a1) Compute the following values. (a) Working capital. (Enter answer in millions.) (b) Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) (c) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) (d) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) $ 13 millions :1 % times . Suppose the 2025 adidas financial statements contain the following selected data (in millions). Current assets $4,116 Interest expense $170 Total assets 8,600 Income taxes 100 Current liabilities 2,450 Net income 223 Total liabilities 4,816 Cash 790 (a1) Compute the following values. (a) Working capital. (Enter answer in millions.) (b) Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) (c) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) (d) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) $ 13 millions :1 % times
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a1 Compute the following values a Working capital Working capital is calculated by subtracting curre... View the full answer
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