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Suppose McDonald's 2022 financial statements contain the following selected data (in millions). Current assets $3,355.0 Interest expense $468.0 Total assets 29,005.0 Income taxes 1,912.0
Suppose McDonald's 2022 financial statements contain the following selected data (in millions). Current assets $3,355.0 Interest expense $468.0 Total assets 29,005.0 Income taxes 1,912.0 Current liabilities 2,950.0 Net income 4,414.0 Total liabilities 14,647.5 (a1) Compute the following values. 1. Working capital. (Enter answer in millions to 1 decimal places, e.g. 126.2.) 2. Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) 3. Debt to assets ratio. (Round to O decimal places, e.g. 62%.) 4. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) SA millions :1 % times
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