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Brief Exercise 10-14 Suppose the 2017 adidas financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities Cash
Brief Exercise 10-14 Suppose the 2017 adidas financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities Cash $4,100 8,060 2,440 4,284 750 Interest expense Income taxes Net income $150 100 270 Compute the following values. (a) Working capital. 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.) times Click if you would like to Show Work for this question: Open Show Work
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