8 420 Last year, ABC, Company had the following data Net sales (in million) 780 Cost of Goods sold Grass Profit margin 90 Depreciation 12o Operating Expense 029 Administrative Expense Operating Profit 36 Interest Profit Before tax Taxes 14 Net Income 70.00 Cash 200.00 Account receivables Inventory 300.00 Net fixed assets 900.00 Notes Payable Accout Payable Acereals Long term debt Common stack Common stock par loso Aditional Paid in Capital 20000 Metaited earnings 370.00 Find interest Coverage Less than a 6 betwen 2 and 2.5 6 More than 2.8 between 2.5 and 2.8 220.00 116.00 76.00 250.00 100.oo