Suppose the 2017 adidas financial statements contain the following selected data (in millions).
Current assets $4,570
Interest expense $160
Total assets 8,320
Income taxes 120
Current liabilities 3,060
Net income 260
Total liabilities 4,544
Cash 750
Compute the following values. (a) Working capital. $millions (b) Current ratio. (Round to 2 decimal places, e. g. 6.25:1.) : 1 (c) Debt to assets ratio. (Round to 0 decimal places, e. g. 62%.) % (d) Times interest earned.
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Home » Business » Suppose the 2017 adidas financial statements contain the following selected data (in millions). Current assets $4,570 Interest expense $160 Total assets 8,320 Income taxes 120 Current liabilities 3,060 Net income 260 Total liabilities 4,544 Cash 750