Suppose the 2017 adidas financial statements contain the following selected data (in millions).
current assets $4,010
interest expense $170
total assets 8,580
income taxes 120
current liabilities 2,500
net income 270
total liabilities 4,804
cash 780
compute the following values.
(a) working capital.
(b) current ratio.
(c) debt to assets ratio.
(d) times interest earned.
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Suppose the 2017 adidas financial statements contain the following selected data (in millions).
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