Suppose the 2025 adidas financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities Cash $4,272 8,800 2,670 5,104 (a1) Compute the following values. 770 Interest expense Income taxes Net income (a) Working capital. (Enter answer in millions) (b) Current ratio. (Round to 2 decimal places, eg. 6.25:1) (c) Debt to assets ratio. (Round to O decimal places, eg. 62%) (d) Times interest earned. (Round to 2 decimal places, eg 6.25.) $ $170 110 230 millions 21 % times
Suppose the 2025 adidas financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities Cash $4,272 8,800 2,670 5,104 (a1) Compute the following values. 770 Interest expense Income taxes Net income (a) Working capital. (Enter answer in millions) (b) Current ratio. (Round to 2 decimal places, eg. 6.25:1) (c) Debt to assets ratio. (Round to O decimal places, eg. 62%) (d) Times interest earned. (Round to 2 decimal places, eg 6.25.) $ $170 110 230 millions 21 % times
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 1SEB
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