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Problem 4 McDonald's financial statements contained the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $ 3,881.9 29,391.7 4,498.5 13,611.9

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Problem 4 McDonald's financial statements contained the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $ 3,881.9 29,391.7 4,498.5 13,611.9 $ Interest expense Income taxes Net income 410.1 1,237.1 2,395.1 Instructions Compute the following values and provide a brief interpretation of each. (1) Working capital. (3) Debt to assets ratio. (2) Current ratio. (4) Times interest earned

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