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Suppose McDonalds 2022 financial statements contain the following selected data (in millions). Current assets $3,416.0 Interest expense $473.0 Total assets 30,224.0 Income taxes 1,936.0 Current

Suppose McDonalds 2022 financial statements contain the following selected data (in millions).

Current assets $3,416.0 Interest expense $473.0
Total assets 30,224.0 Income taxes 1,936.0
Current liabilities 2,988.0 Net income 4,551.0
Total liabilities 16,191.0

(a1) Compute the following values.

a.

Working capital. (Round to 1 decimal place, e.g. 5,275.5)

$enter a dollar amount in millions

image text in transcribed

millions

b.

Current ratio. (Round to 2 decimal places, e.g. 6.25:1.)

enter current ratio rounded to 2 decimal places

image text in transcribed

:1

c.

Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.)

enter percentages rounded to 0 decimal places

image text in transcribed

%

d.

Times interest earned. (Round to 2 decimal places, e.g. 6.25.)

enter times interest earned rounded to 2 decimal places

image text in transcribed

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