The following information is from the annual report of Adidas AG for December 2019: Depreciation and

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The following information is from the annual report of Adidas AG for December 2019:

• Depreciation and amortization: €1,214 million

• Total assets: €20,640 million

• Total debt: €4,364 million

• Shareholders’ equity: €7,058 million

The debt/capital of Adidas AG is closest to:

A. 21.14%.

B. 38.21%.

C. 61.83%.

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Related Book For  answer-question

Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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