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Suppose the 2022 adidas financial statements contain the following selected data (in millions). Current assets $5,500 Cash $880 Total assets 9,900 Interest expense 270
Suppose the 2022 adidas financial statements contain the following selected data (in millions). Current assets $5,500 Cash $880 Total assets 9,900 Interest expense 270 Current liabilities 3,900 Income taxes 220 Total liabilities 6,138 Net income 350 Compute the following values. (a) Debt to assets ratio. (Round to O decimal places, e.g. 60.) (b) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) times
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