Compute the working capital and debt to assets ratio

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Question - Suppose the 2022 adidas financial statements contain the Following selected data (in millions).

Current assets

$4,660

Interest expense

$160

Total assets

8,780

Income taxes

100

Current liabilities

3,070

Net income

240

Total liabilities

5,004

 

 

Cash

750

 

 

(a) Compute the Following values.

(a) Working capital.

(b) Current ratio.

(c) Debt to assets ratio.

(d) Times interest earned.

Reference no: EM132437405

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