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Suppose the 2014adidasfinancial statements contain the following selected data (in millions). Current assets $4,649 Interest expense $173 Total assets 8,719 Income taxes 107 Current liabilities
Suppose the 2014adidasfinancial statements contain the following selected data (in millions).
Current assets | $4,649 | Interest expense | $173 |
Total assets | 8,719 | Income taxes | 107 |
Current liabilities | 3,013 | Net income | 231 |
Total liabilities | 5,060 | ||
Cash | 800 |
Compute the following values.
(a) | Working capital | $ | |
(b) | Current ratio(Round to 2 decimal places, e.g. 6.25:1.) | :1 | |
(c) | Debt to assets ratio(Round to 0 decimal places, e.g. 62%.) | % | |
(d) | Times interest earned(Round to 2 decimal places, e.g. 6.25.) | times |
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