Th e following information is from the annual report of Adidas AG for December 2010: Depreciation

Question:

Th e following information is from the annual report of Adidas AG for December 2010:

• Depreciation and amortization: €249 million

• Total assets: €10,618 million

• Total debt: €1,613 million

• Shareholders’ equity: €4,616 million Th e debt/capital ratio of Adidas AG is closest to:

A. 15.19%.

B. 25.90%.

C. 34.94%.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

Question Posted: