View Policies Current Attempt in Progress Suppose McDonald's 2022 fınancial statements contain the following selected data (in millions). Current assets $3,385.0 Interestexpense $466.0 Total assets 29,035.0 Income taxes 1,883.0 Current liabilities 2,940.0 Net income 4,459.0 Total liabilities 15,533.7 (a1) Compute the following values. millions 2$ 1. Working capital. (Enter answer in millions to 1 decimal places, e.g. 126.2.) :1 Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) times 3. 4. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) 2.

View Policies Current Attempt in Progress Suppose McDonald's 2022 fınancial statements contain the following selected data (in millions). Current assets $3,385.0 Interestexpense $466.0 Total assets 29,035.0 Income taxes 1,883.0 Current liabilities 2,940.0 Net income 4,459.0 Total liabilities 15,533.7 (a1) Compute the following values. millions 2$ 1. Working capital. (Enter answer in millions to 1 decimal places, e.g. 126.2.) :1 Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) times 3. 4. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) 2.

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 21SP: Begin with the partial model in the file Ch02 P21 Build a Model.xlsx on the textbooks Web site. a....

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