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Exercise 10-16 (Part Level Submission) Suppose McDonald's 2014 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities
Exercise 10-16 (Part Level Submission) Suppose McDonald's 2014 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities 454.1 1,810 4,371.0 $3,378.2 Interest expense 31,459.4 Income taxes 2,934.6 Net income 15,959.4 (al) Compute the following values. (1) Working capital (in millions) (2) Current ratio (Round to 2 decimal places, e.g. 6.25:1. (3) Debt to assets ratio (Round to O decimal places, e.g. 62%. (4) Times interest earned (Round to 2 decimal places, e.g. 6.25.) times LINK TO TEXT
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