At the end of a recent fiscal year, Nike reported $37,740 million of total assets and $24,973 million of total liabilities. What is the debt to assets ratio for Nike? At the end of the year, Nike reported net income of $5,727 million, interest expense of $262 million and income tax expense of $934 million. What is the times interest earned ratio for Nike?

At the end of a recent fiscal year, Nike reported $37,740 million of total assets and $24,973 million of total liabilities. What is the debt to assets ratio for Nike? At the end of the year, Nike reported net income of $5,727 million, interest expense of $262 million and income tax expense of $934 million. What is the times interest earned ratio for Nike?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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