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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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