Assume a company&rsqouo;s Income Statement for Year 9 is as follows: Income Statement Data Year 9 (in
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Question:
Assume a company&rsqouo;s Income Statement for Year 9 is as follows:
Income Statement Data | Year 9 (in 000s) |
---|---|
Total Revenues | $ 630,000 |
Cost of Goods Sold | 390,000 |
Delivery Costs | 35,000 |
Marketing Costs | 40,000 |
Administrative Expenses | 10,000 |
Operating Profit (Loss) | 155,000 |
Other Income (Expense) | -1,000 |
Interest Income (Expense) | -9,000 |
Pre-tax Profit (Loss) | 145,000 |
Income Taxes | 43,500 |
Net Profit (Loss) | $ 101,500 |
Based on the above income statement data, the company's interest coverage ratio and operating profit margin are
6.71 and 24.6%.
14.91 and 23.0%.
17.22 and 24.6%.
16.11 and 16.2%.
19.29 and 23.3%.
Posted Date: