Exercise 10-19 Suppose McDonald's 2020 financial statements contain the following selected data (in millions). Current assets $476.0 1,891.0 Total assets $3,390.0 29,040.0 2,940.0 15,682.0 Interest expense Income taxes Net income Current liabilities 4,481.0 Total liabilities (a1) Compute the following values. 1. Working capital. millions 2. Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) 3. Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.) 4. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) times *Exercise 10-11 a 1-a2, 61-62 Skysong, Inc. issued $408,500 of 5-year, 7% bonds at 99 on January 1, 2020. The bonds pay interest annually. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Compute the total cost of borrowing for these bonds. Total cost of borrowings Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 104. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 104. Total cost of borrowing