Molson Coors Brewing Company reported the following selected data at December 31, 2011 (in US$ millions): Total

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Molson Coors Brewing Company reported the following selected data at December 31, 2011 (in US$ millions):

Total assets...........................................$12,423.8

Total liabilities..........................................4,733.6

Interest expense..........................................118.7

Income tax expense........................................99.4

Profit.......................................................677.1

Calculate the company's

(a) Debt to total assets, and

(b) Interest coverage ratios.

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Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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