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View Policies Show Attempt History Current Attempt in Progress New attempt is in progress. Some of the new entries may impact the last attempt grading.Your
View Policies
Show Attempt History
Current Attempt in Progress
New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.
Suppose McDonalds 2022 financial statements contain the following selected data (in millions).
Current assets | $3,396.0 | Interest expense | $469.0 | |||
Total assets | 30,204.0 | Income taxes | 1,932.0 | |||
Current liabilities | 2,978.0 | Net income | 4,547.0 | |||
Total liabilities | 16,171.0 |
(a1) Compute the following values.
a. | Working capital. (Round to 1 decimal place, e.g. 5,275.5) | $enter a dollar amount in millions | ___millions | ||
---|---|---|---|---|---|
b. | Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) | enter current ratio rounded to 2 decimal places | ____:1 | ||
c. | Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.) | enter percentages rounded to 0 decimal places | ____% | ||
d. | Times interest earned. (Round to 2 decimal places, e.g. 6.25.) | enter times interest earned rounded to 2 decimal places | ____times |
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