0.25/1 Question 3 View Policies Show Attempt History Current Attempt in Progress Suppose McDonald's 2017...
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0.25/1 Question 3 View Policies Show Attempt History Current Attempt in Progress Suppose McDonald's 2017 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $3,360.0 Interest expense 29,010.0 Income taxes 2.940.0 Net Income 14,795.0 $489.0 1,915.0 4,3640 - Your answer is partially correct. Compute the following values. 420 millions 1. Working capital 2. Current ratio. (Round to 2 decimal places, 68. 6.25:1.) 3. Debt to assets ratio. (Round to decimal places, eg. 62%) 4. Times interest earned. (Round to 2 decimal places, 3. 6.25) 8.92 times e Textbook and Media X Your answer is incorrect. Suppose the notes to McDonald's financial statements show that subsequent to 2017 the company will have future minimum lease payments under operating leases of $16,363.0 million. If these assets had been purchased with debt, assets and liabilities would rise by approximately $8,250 million Recompute the debt to assets ratio after adjusting for this. (Round answer to O decimal places, s. 62%.) Debt to assets ratio e Textbook and Media
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