Suppose the 2022 adidas financial statements contain the following selected d Current assets Total assets Current liabilities Total liabilities Cash $4,455 9,050 2,970 4,887 782 Compute the following values. Interest expense Income taxes Net income $150 165 225 Current ratio. (Round to 2 decimal places, eg. 6.25:1) Debt to assets ratio. (Round to O decimal places, e.g. 62%) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) TERMOT millions :1 % times

Suppose the 2022 adidas financial statements contain the following selected d Current assets Total assets Current liabilities Total liabilities Cash $4,455 9,050 2,970 4,887 782 Compute the following values. Interest expense Income taxes Net income $150 165 225 Current ratio. (Round to 2 decimal places, eg. 6.25:1) Debt to assets ratio. (Round to O decimal places, e.g. 62%) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) TERMOT millions :1 % times

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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