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Exercise 10-16 (Part Level Submission) Suppose McDonald's 2017 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 2017 financial statements contain the following selected data (in millions) Current assets Total assets Current liabilities Total liabilities $3,425.0 Interest expense 29,0 $470.0 1,879.0 4,508.0 75.0 Income taxes 2,979.0 Net income 16,718.0 (a1) ompute the following values 1. Working capital. 2. Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) 3. Debt to assets ratio. (Round to 0 decimal places, eg, 62%.) 4. Times interest earned. (Round to 2 decimal places, e.g.6.25.) Collapse question part millions times
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