Molson Coors Brewing Company reported the following selected data at December 31, 2016 (in US$ millions): Total
Question:
Molson Coors Brewing Company reported the following selected data at December 31, 2016 (in US$ millions):
Total assets ............................ $29,341.5
Total liabilities .......................... 17,719.8
Interest expense ........................... 271.6
Income tax expense .................. 1,050.7
Profit ........................................... 1,975.9
Calculate the company’s
(a) Debt to total assets
(b) Interest coverage ratios.
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in US millions a Debt to ...View the full answer
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Related Book For 
Accounting Principles Volume 2
ISBN: 978-1119502555
8th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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