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Suppose the 2022 adidas financial statements contain the following selected data (in millions). Current assets $4,780 Interest expense $160 Total assets 8,040 Income taxes 100

Suppose the 2022 adidas financial statements contain the following selected data (in millions).

Current assets $4,780 Interest expense $160
Total assets 8,040 Income taxes 100
Current liabilities 3,280 Net income 270
Total liabilities 4,264
Cash 790

(a1) Compute the following values.

(a)

Working capital.

$enter a dollar amount in millions

image text in transcribed

millions

(b)

Current ratio. (Round to 2 decimal places, e.g. 6.25:1.)

enter current ratio rounded to 2 decimal places

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:1

(c)

Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.)

enter percentages rounded to 0 decimal places

image text in transcribed

%

(d)

Times interest earned. (Round to 2 decimal places, e.g. 6.25.)

enter times interest earned rounded to 2 decimal places

image text in transcribed

times

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