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13 Jigual The income statement of NTU Corporation for two years, is shown below, the NTU has 1.5 million shares outstanding Use statement to estimate. The interest.coverage ratio for the year 2020 2020 2019 Total sales 168.5 1553 Cost of sales 155.5 143.5 Gross Profit Selling general, and administrative expenses 6.5 5.7 Research and development 3.3 3.0 Depreciation and amortization 1.1 0.9 Operating Income Other income 0.5 0.4 Earnings Before Interest and Taxes (EBIT) Interest income (expense 1.2 1.1 Preux Income Taxes 0.3 0.28 Net Income Emin per share Diluted catning per shite