McDonald's financial statements contain the following selected data $($in millions$).$

Part $1$

Your answer is correct.

Compute the following values. $($Enter amounts in millions, e$.$g$.525\mathrm{.}2$ million. Round current ratio and times interest earned to $2$ decimal

places, eg$.6\mathrm{.}25$:$1$ or $2\mathrm{.}66$ and debt to assets ratio to $0$ decimal places, e$.$g$.25\%.$ If answer is negative enter with either a $-$ sign eg$.-525\mathrm{.}5$

or in parenthesis e$.$g$.(525\mathrm{.}5).)$

Working capital

$

millions

$(2)$

Current ratio

:$1$

$(3)$

Debt to assets ratio

$\%$

$(4)$

Times interest earned

times

Solution

Attempts: $2$ of $2$ used

Part $2$

The notes to McDonald's financial statements show that subsequent to this year the company will have future minimum lease

payments under operating leases of $$10,513\mathrm{.}8$ million. If these assets had been purchased with debt, assets and liabilities would

rise by approximately $$9,400$ million. Recompute the debt to assets ratio after adjusting for this. $($Round answer to $0$ decimal places,

e$.$g$.25\%.$