Based on the information provided in Exhibit 1, the EBITDA interest coverage ratio of Adidas AG is

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Based on the information provided in Exhibit 1, the EBITDA interest coverage ratio of Adidas AG is closest to:

A. 16.02x.

B. 23.34x.

C. 37.98x. EXHIBIT 1 Adidas AG Excerpt from Consolidated Income Statement in a given year ( in millions) Gross profit

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 05, 2023 12:47 AM

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Based on the information provided in Exhibit 1, the EBITDA interest coverage ratio of Adidas AG is

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The EBITDA interest coverage ratio of Adidas AG is 2334x This is calcu...View the full answer

Fixed Income Analysis

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