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Brief Exercise 10-18 Suppose the 2019 adidas financial statements contain the following selected data (in millions) Current assets Total assets Current liabilities Total liabilities Cash
Brief Exercise 10-18 Suppose the 2019 adidas financial statements contain the following selected data (in millions) Current assets Total assets Current liabilities Total liabilities Cash $4,320 Interest expense 9,000 Income taxes 3,200 Net income 4,770 $150 100 260 815 Compute the following values (a) Working capital (b) Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) (c) Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.) (d) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) millions times
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