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Consider the following Income Statement for XYZ Income Statement Analysis (15 Points.). Corporation in 2015 (numbers are in millions): 2015 $255 $94 -$31 -$21 -$15
Consider the following Income Statement for XYZ Income Statement Analysis (15 Points.). Corporation in 2015 (numbers are in millions): 2015 $255 $94 -$31 -$21 -$15 Net Sales (Revenue) Cost of Goods Sold: Gross Profit: Administrative Expenses: Research and Development: Depreciation and Amortization: Operating Income: Other Income: Earnings Before Interest and Taxes: Interest Expense: Pre-tax Income: Taxes: Net Income: $1.2 -$2.5 -$2.4 (a) 5 Points. Fill in all the blank items in the Income Statement above. (b) 5 Points. What is the Interest Coverage Ratio for XYZ Corporation? How would you interpret that number? (c) 5 Points. Given the information in the income statement that you have already filled in, calculate the net profit margin of XYZ corporation. How do you interpret this ratio
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