Molson Coors Brewing Company reported the following selected data at December 31, 2014 (in U.S. $ millions):

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Total assets.....................................$13,996.3

Total liabilities....................................6,110.2

Interest expense....................................145.0

Income tax expense.................................69.0

Profit.................................................513.5

Calculate the company's (a) debt to total assets and (b) interest coverage ratios.

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Accounting Principles

ISBN: 978-1119048473

7th Canadian Edition Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 17, 2017 09:08 AM

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Molson Coors Brewing Company reported the following selected data at December 31, 2014 (in U.S. $ millions):

Question:

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in US millions a Debt to total a...View the full answer

Accounting Principles

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