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Suppose McDonald's 2017 financial statements contain the following selected data (in millions). Compute the following values. Suppose the notes to McDonald's financial statements show that
Suppose McDonald's 2017 financial statements contain the following selected data (in millions). Compute the following values. Suppose the notes to McDonald's financial statements show that subsequent to 2017 the company will have future minimum lease payments under operating leases of $16, 863.0 million. If these assets had been purchased with debt, assets and liabilities would rise by approximately $8, 724 million. Recompute the debt to assets ratio after adjusting for this. (Round answer to O decimal places, e.g. 62%.)
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