Compute the values and provide a brief interpretation of


The 2009 adidas financial statements contain the following selected data (in millions).

Current assets

$4,485

Interest expense

$169

Total assets

8,875

Income taxes

113

Current liabilities

2,836

Net income

245

Total liabilities

5,099



Cash

775



Compute the following values and provide a brief interpretation of each.

(a) Working capital.

(b) Current ratio.

(c) Debt to total assets ratio.

(d) Times interest earned ratio.

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Cost Accounting: Compute the values and provide a brief interpretation of
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