Solved: The 2006 fain financial statements contain the following, Accounting Basics

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The 2006 fain financial statements contain the following

Question - The 2006 Fain financial statements contain the following selected data (in millions).

Current assets $6,335 Interest expense $313

Total assets 13,323 Income taxes 361

Current liabilities 3,538 Net income 801

Total liabilities 8,946

Cash 502

Compute the following values.

(a) Working capital.

(b) Current ratio.

(d) Times interest earned ratio.

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Accounting Basics: The 2006 fain financial statements contain the following

Reference No:- TGS02568703

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Accounting Basics: The 2006 fain financial statements contain the following

Reference No:- TGS02568703

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