Question: 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.

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

EXHIBIT 1 Adidas AG Excerpt from Consolidated Income Statement in a given year ( in millions) Gross profit Royalty and commission income Other operating income Other operating expenses Operating profit Interest income Interest expense Income before taxes Income taxes Net income Additional information: Depreciation and amortization: 1,214 million 12,293 154 56 9,843 2,660 64 166 2,558 640 1,918

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