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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
$466.0
Total assets
29,035.0
Income taxes
1,883.0
Current liabilities
2,940.0
Net income
4,459.0
Total liabilities
15,533.7
(a1) Compute the following values.
2$
millions
1.
Working capital. (Enter answer in millions to 1 decimal places, e.g. 126.2.)
:1
2.
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.)
Save for Later](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b0ab463-4d4c-475b-97de-464c7d60d430%2F4e3aa118-a0d7-4e61-96f5-de76de45260c%2Fwhpqkiv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:- /5
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
$466.0
Total assets
29,035.0
Income taxes
1,883.0
Current liabilities
2,940.0
Net income
4,459.0
Total liabilities
15,533.7
(a1) Compute the following values.
2$
millions
1.
Working capital. (Enter answer in millions to 1 decimal places, e.g. 126.2.)
:1
2.
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.)
Save for Later
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