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) Suppose the 2014 adidas financial statements contain the following selected data (in millions).

need help with the 

(c) 

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


Suppose the 2014 adidas financial statements contain the following selected data (in millions).


Current assets $4,670 Interest expense $161
Total assets 8,748 Income taxes 102
Current liabilities 3,082 Net income 235
Total liabilities 4,874
Cash 787


Compute the following values.


(a)  Working capital $
(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 (Round to 2 decimal places, e.g. 6.25.)

 times

Top Answer

Debt to assets ratio = Total... View the full answer

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Other Answers

Debt to assets ratio=TOTAL LIABILITIES/ ASSETS 4874/8748=0.5572=55.72% CURRENT RATIO=... View the full answer

Dear Student, Please find attached the... View the full answer

Ratios.xlsx

a) b) Working Capital Current Ratio Current Assets - Current Liabilities
(4670 - 3082) Million
1588 Million Current Assets
Current Liabilities
4670
3082 :1
1.52 : 1 c) Debt to Assets Total...

Debt to assets ratio=Total liabilties/ Assets 4874/8748=0.5572=55.72% CURRENT RATIO=... View the full answer

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