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Suppose the 2017 adidas financial statements contain the following selected data (in millions) Current assets Total assets Current liabilities Total liabilities Cash $170 120 270
Suppose the 2017 adidas financial statements contain the following selected data (in millions) Current assets Total assets Current liabilities Total liabilities Cash $170 120 270 $4,010 Interest expense 8,580 Income taxes 2,500 Net income 4,804 780 Compute the following values. (a) Working capital. (b) Current ratio. (Round to 2 decimal places, e.g. 6.25:1. (c) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) (d) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) millions times
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