Based on Exhibits 57, in comparison to Company Y, Company X has greater: A. Leverage. B. Interest
Question:
Based on Exhibits 5−7, in comparison to Company Y, Company X has greater:
A. Leverage.
B. Interest coverage.
C. Operating profit margin.
The following information relates
Transcribed Image Text:
EXHIBIT 5 Consolidated Income Statement (£ millions) Net revenues Operating expenses Operating income Interest income Interest expense Income before income taxes Provision for income taxes Net income Company X 50.7 49.6 1.1 0.0 0.6 0.5 -0.2 0.3 Company Y 83.7 70.4 13.3 0.0 0.8 12.5 -3.5 9.0
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