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Question 3 of 4 0.38 / 1 View Policies Show Attempt History Current Attempt in...

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Question 3 of 4 0.38 / 1 View Policies Show Attempt History Current Attempt in Progress Suppose McDonald's 2017 financial statements contain the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities $3,450.0 29.100.0 3,018.0 17,460.0 Interest expense Income taxes Net income $472.0 1,869.0 4,465.0 Your answer is partially correct. Compute the following values. 1. Working capital. 432 millions 2. Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) 1.14 :1 3. Debt to assets ratio. (Round to O decimal places, e.g. 62%.) 60 % 4. Times interest earned. (Round to 2 decimal places, e.g. 6.25.) 2350.45 times e Textbook and Media X Your answer is incorrect. Suppose the notes to McDonald's financial statements show that subsequent to 2017 the company will have future minimum lease payments under operating leases of $17,972.0 million. If these assets had been purchased with debt, assets and liabilities would rise by approximately $8,906 million. Recompute the debt to assets ratio after adjusting for this. (Round answer to o decimal places, e.g. 62%.) Debt to assets ratio 60 %

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