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Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements

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Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements (s millions), Revenue 512.601 interest expense, os 3181 Depreciation expense 306 Dividends , including to noncontrolling interest 712 Amortization experte 417 Cash and cash equivalents 3616 Operating profit (EBM 2.537 Marietable securities 80 Total debt 9,859 Average asses 24713 Cash kom operating activities 2610 CAPEX 572 Funds from operations 2852 a Compute the following 10 Moody's metrics for Stryker for 2018 Round all answers (except Revenue) to one decimal place (example for percentage ratios: 0.2345 23.5%). Ratio Debt / EBITDA EBITA to interest expense Reveni milion Retained Cash FlowNet Debt EDITA Operating mo FTO/ Det (FTO interest peninterest Expense ETA LO we CAPEX/Depreciation experte b. Use your computations from part a, along with measures in Exhibit 4.8, to estimate the long term debt rating for Stryker

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