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Compute the times interest earned and current ratio

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Reference no: EM131728119

Question - Suppose the 2017 adidas financial statements contain the following selected data (in millions).

Current assets $4,485 Interest expense $169
Total assets 8,875 Income taxes 113
Current liabilities 2,836 Net income 245
Total liabilities 5,099    
Cash 775    

Compute the following values and provide a brief interpretation of each.

(a) Working capital.

(b) Current ratio.

(c) Debt to assets ratio.

(d) Times interest earned.

Reference no: EM131728119

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