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The following is select financial information for Kohl's Corporation for fiscal 2011 ($ millions). Use this table to answer quiz questio ns 1, 2, and

The following is select financial information for

Kohl's Corporation

for fiscal 2011

($ millions).

Use this table

to answer

quiz questio

ns 1, 2, and 3.

Current assets

$4,775

Current liabilities

2,590

Interest expense

303

Total liabilities

7,586

Shareholders' equity

6,508

Earnings before interest and taxes

2,158

1.

Compute the current ratio using

Kohl

's reported financial

information.

a.

0.542

b.

1.844

c.

0.734

d.

0.949

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