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Suppose McDonald's 2025 financial statements contain the following selected data (in millions). Current assets $3,330.0 Interest expense $480.0 Total assets 30,230.0 Income taxes 1,938.0
Suppose McDonald's 2025 financial statements contain the following selected data (in millions). Current assets $3,330.0 Interest expense $480.0 Total assets 30,230.0 Income taxes 1,938.0 Current liabilities 3,000.0 Net income 4,542.0 Total liabilities 15,719.6 (a1) Compute the following values. a. Working capital. (Round to 1 decimal place in millions, e.g. 5,275.5.) $ b. Current ratio. (Round to 2 decimal places, eg. 6.25:1.) C. Debt to assets ratio. (Round to O decimal places, eg. 62%.) d. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) millions :1 % times
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
10th Edition
1119791081, 978-1119791089
