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Suppose McDonald's 2017 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $3,415.0 29.065.0 2.979.0 16,422.0 Interest

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Suppose McDonald's 2017 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $3,415.0 29.065.0 2.979.0 16,422.0 Interest expense Income taxes Net income $464.0 1,808.0 4,464,0 Compute the following values. 1. millions 2. :1 Working capital Current ratio. (Round to 2 decimal places, eg, 6.25:1.) Debt to assets ratio. (Round to decimal places, eg. 62%) Times interest earned. (Round to 2 decimal places, c.8. 6.25.) 3. %6 4 times 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 $16,856.0 million. If these assets had been purchased with debt, assets and liabilities would rise by approximately $8,587 million. Recompute the debt to assets ratio after adjusting for this. (Round answer too decimal places, eg. 62%) Debt to assets ratio %

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