Current assets $ 3,416.3 Interest expense $ 473.2 Total assets 30,224.9 Income taxes 1,936 Current liabilities 2,988.7 Net income 4,551.0 Total liabilities 16,191.0
Suppose the notes to McDonald's financial statements show that subsequent to 2014 the company will have future minimum lease payments under operating leases of $10,715.5 million. If these assets had been purchased with debt, assets and liabilities would rise by approximately $8,800 million. Recompute the debt to assets ratio after adjusting for this. (Round to 0 decimal places, e. g. 62%.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Current assets $ 3,416.3 Interest expense $ 473.2 Total assets 30,224.9 Income taxes 1,936 Current liabilities 2,988.7 Net income 4,551.0 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?
Answers (1)
inflation can be measured by the a. percentage change in the price of a specific commodity. b. percentage change in the consumer price index. c. change in the price of a specific commodity. d. change in the consumer price index.
Answers (1)
Foreign exchange risk arises when: a. goods or services purchased from suppliers in a foreign country are denominated in domestic currency. b. business transactions are denominated in foreign currencies. c.
Answers (1)
During August of 2011 Nickle Publishing received $24,000 for 1-year subscriptions to a new magazine. Magazines are mailed to subscribers each month, starting in September of 2011. What adjusting entry should Nickle make on Dec. 31, 2011?
Answers (1)
Michelle transfers $4,000 from her savings account to her checking account. What effect is this change likely to have on M1 and M2? rev: 06_06_2018 Multiple Choice M1 decreases and M2 increases. M1 increases and M2 decreases.
Answers (1)
New Questions in Business
Pentrall, a healthcare company, provides a lower training rate to its employees belonging to the age group of 18 to 19 years. The rate is applicable for a period of 90 days.
Answers (1)
A firm has hired you as a consultant. This firm is perfectly competitive and has no control over price. This firm is selling 10,000 units at a price of $2. Total costs are $30,000. Total variable costs are $25,000.
Answers (1)
Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year.
Answers (1)
True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False
Answers (1)
Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.
Answers (1)