Question: solve Current Attempt in Progress Suppose the 2027 adidas financial statements contain the following selected data (in millions). Current assets $6,700 Cash $1,000 Total assets
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Current Attempt in Progress Suppose the 2027 adidas financial statements contain the following selected data (in millions). Current assets $6,700 Cash $1,000 Total assets 11,100 Interest expense 390 Current liabilities 5,100 Income taxes 340 Total liabilities 7,326 Net income 470 Compute the following values. (a) Debt to assets ratio. (Round to O decimal places, e.g. 60.) % (b) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) timesStep by Step Solution
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