The 2004 Reebok financial statements contain the following selected data (in millions). Current assets $1,858 Interest expense
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The 2004 Reebok financial statements contain the following selected data (in millions).
Current assets $1,858 Interest expense $ 26 Total assets 2,441 Income taxes 68 Current liabilities 806 Net income 192 Total liabilities 1221 Cash 565 Compute the following values and provide a brief interpretation of each.
(a) Working capital.
(c) Debt to total assets ratio.
(b) Current ratio.
(d) Times interest earned ratio.
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9780471730514
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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