Business Policy and Strategy Class Please Help

Assume a company's Income Statement for Year 12 is as follows: Year 12 (in 000s) 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 som 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 Chwyl torbe. Coming download 3.50 38.66. 2.80. O 5.00. O 6.00