Assume a company's Income Statement for Year 12 is as follows: Year 12 (in 000) Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) $ 580,000 370,000 40,000 75,000 15,000 90,000 (15,000) 75,000 22,500 $ 52,500 0000000 Based on the above income statement data and the formula for calculating the interest coverage ratio presented on the Help section for p. 5 of the Footwear Industry Report, the company's interest coverage ratio is Cowoh by China towe. We Owocer, we wy wibuto Posting Hery proud d core com wat 6.00 O 3.50 05.00. O 2.80 38.66. ON Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation Version 1664213 "* Copyright 2021 by Glo-Bus Software, Inc.