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Calculating Ratios and Estimating Credit Rating The following data are from Kellogg's 10-K report ...
Calculating Ratios and Estimating Credit Rating The following data are from Kellogg's 10-K report dated December 29, 2018 (\$ millions). a. Use the data above to calculate the following ratios: EBITA/Average assets, EBITA Margin, EBITA/Interest expense, Debt/EBITDA, CAPEX/Depreciation Expense. Definitions for these ratios are in Exhibit 7.4. b. Refer to Exhibit \( 7.4 \) and the ratios you calculated in part a. Estimate the credit rating that Moody's might assign to Kellogg. Round answers to one decimal place (percentage ex: \( 0.2345=23.5 \% \) )