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Compute the times interest earned

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Question - Suppose McDonald's 2022 financial statements contain the following selected data (in millions).

Current assets

$3,351.0

Interest expense

$460.0

Total assets

30,159.0

Income taxes

1,923.0

Current liabilities

2,928.0

Net income

4,538.0

Total liabilities

16,126.0

 

 

Required - Compute the following values.

a. Working capital.

b. Current ratio.

c. Debt to assets ratio.

d. Times interest earned.

Reference no: EM133071342

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