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Practice Exercise 2-2 Convenience store operator Alimentation Couche-Tard Inc. reported the following selected information for the years ended April 24, 2016, and April 26, 2015
Practice Exercise 2-2 Convenience store operator Alimentation Couche-Tard Inc. reported the following selected information for the years ended April 24, 2016, and April 26, 2015 (in U.S. $ millions): 2016 2015 Current assets Non-current assets 9,369.1 8,286.1 Current liabilities 2,705.5 2,470.3 Non-curren $2,934.8 $2,742.3 t liabilities 4,554.8 4,655.1 Calculate the debt to total assets ratio for each year. (Round ratio to 1 decimal place, eg, 5.290.) 2016 2015 Debt to total assets ratio LINK TO TEXT Was the company's solvency stronger or weaker in 2016 compared with 2015
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