(a1) Compute the following values. a. b. C. Working capital. (Round to 1 decimal place in millions, e.g. 5,275.5.) Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.) $ millions :1 %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Suppose McDonald's 2025 financial statements contain the following selected data (in millions).
Current assets
Total assets
Current liabilities
Total liabilities
(a1)
a.
b.
C.
$3,330.0
Compute the following values.
d.
30,230.0
3,000.0
15,719.6
Interest expense
Income taxes
Net income
$480.0
1,938.0
4,542.0
Working capital. (Round to 1 decimal place in millions, e.g. 5,275.5.)
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 interest earned. (Round to 2 decimal places, e.g. 6.25.)
$
millions
:1
%
times
Transcribed Image Text:Current Attempt in Progress Suppose McDonald's 2025 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities (a1) a. b. C. $3,330.0 Compute the following values. d. 30,230.0 3,000.0 15,719.6 Interest expense Income taxes Net income $480.0 1,938.0 4,542.0 Working capital. (Round to 1 decimal place in millions, e.g. 5,275.5.) 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 interest earned. (Round to 2 decimal places, e.g. 6.25.) $ millions :1 % times
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