Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Year 12 (in 000s) Net Revenues from Footwear Sales $ 530,000 Cost of Pairs Sold 340,000 Warehouse Expenses 40,000 Marketing Expenses 80,000 Administrative Expenses 15,000 Operating Profit (Loss) 55,000 Interest Income (Expense) (10,000) Pre-tax Profit (Loss) 45,000 Income Taxes 13,500 Net Profit (Loss) $ 31,500 Based on the above income statement data and the formula for calculating the interest coverage ratio described in the Help section for p. 5 of the Footwear Industry Report, the company's interest coverage ratio is

A. 53.0.

B. 5.50.

C. 3.15.

D. 4.50.

E. 2.20.