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Microsoft Co. had the following income statement for the year 2020. The year before (2019) they had an interest coverage ratio of 14.00. What can

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Microsoft Co. had the following income statement for the year 2020. The year before (2019) they had an interest coverage ratio of 14.00. What can you say about Microsoft's ability to meet its short-term obligations: Income Statement ($ millions) Year 2020 Revenues 126 COGS 72 Depreciation 12 EBIT 42 Interest Expense 2 PreTax Income 40 Taxes Net Income 8 32 More information is needed to answer the question It has improved over time It has stayed exactly the same It has deteriorated over time

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