Following are excerpts from the financial statements of Revlon, Inc. (in millions):

The interest coverage ratio (on a net income basis) is

a. 0.48.

b. 2.41.

c. 0.05.

d. 1.48.

Sales Year 1 $1,494.70 545.10 Year 2 $1,941.00 668.30 Cost of sales Provision for income taxes 46.00 77.80 73.80 84.40 Interest expense Net income (1033) ($5.80) $40.90 238.90 Trade receivables, less allowance for Inventories Accounts payable Total long-term debt Total shareholders' equity Noncontrolling interest Total assets 253.50 175.00 165.70 1,862.30 (596.50) 0.00 2,016.90 156.60 153.50 1,832.40 (644.10) 0.00 1,944.10