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Suppose McDonald's 2022 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $3,411.0 30,219.0 2,993.0 16,186.0 Interest
Suppose McDonald's 2022 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $3,411.0 30,219.0 2,993.0 16,186.0 Interest expense Income taxes Net income $472.0 1,935.0 4,550.0 (21) Compute the following values. a. Working capital. (Round to 1 decimal place, e.g. 5,275.5) $ $ millions b. :1 Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.) C. % d. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) 1 times
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