0720 Current Attempt in Progress * Your answer is incorrect. Suppose the 2022 adidas financial statements contain the following selected data (in millions), Current assets $4,800 Cash $810 Total assets 9.200 Interest expense 200 Current liabilities 3.200 Income taxes 150 Total liabilities 5,428 Net income 280 Compute the following values. (a) Debt to assets ratio. (Round to 0 decimal places, es, 60.) 58 % (b) Times Interest earned. (Round to 2 decimal places, c.8. 6.25.) 333 times eTextbook and Media Attempts: 1 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 Repeat with New Values Blossom Inc. is considering two alternatives to finance its construction of a new $1.00 million plant. (a) Issuance of 100,000 shares of common stock at the market price of $10 per share. Issuance of $1,000,000,6% bonds at face value. (b) Complete the following table. (Round earnings per share to 2 decimal places, e.g. 0.25.) Issue Stock Issue Bond Income before interest and taxes $600,000 $600,000 Interest expense from bonds 60000 i Income before income taxes 755000 695000 Income tax expense (25%) 302000 278000 Net income 453000 417000 Outstanding shares 755000 500,000 Earnings per share $ 0.60 $ 0.64