The Molson Coors Brewing Company's financial statements recently reported the following selected data (in U.S. $ millions):

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The Molson Coors Brewing Company's financial statements recently reported the following selected data (in U.S. $ millions):
Total current assets ................................. $ 1,748.0
Total current liabilities ................................ 2,598.7
Total assets .............................................16,212.2
Total liabilities ......................................... 8,220.6
Income tax expense ................................... 154.5
Interest expense ....................................... 185.0
Profit .................................................... 443.0
Calculate Molson Coors's
(a) Current ratio,
(b) Debt to total assets ratio,
(c) Times interest earned ratio.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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