Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues...

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Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Year 12 (in 000s) $560,000 340,000 45,000 Marketing Expenses 85,000 Administrative Expenses 15,000 Operating Profit (Loss) 75,000 Interest Income (Expense) (25,000) Pre-tax Profit (Loss) 50,000 Income Taxes 15,000 Net Profit (Loss) $ 35,000 Based on the above income statement data and the formula for calculating the interest coverage ratio presented on the Help section for p. 5 of the Footwear Industry Report, the company's interest coverage ratio is Assume a company's Income Statement for Year 12 is as follows: Income Statement Data Net Revenues from Footwear Sales Cost of Pairs Sold Warehouse Expenses Year 12 (in 000s) $560,000 340,000 45,000 Marketing Expenses 85,000 Administrative Expenses 15,000 Operating Profit (Loss) 75,000 Interest Income (Expense) (25,000) Pre-tax Profit (Loss) 50,000 Income Taxes 15,000 Net Profit (Loss) $ 35,000 Based on the above income statement data and the formula for calculating the interest coverage ratio presented on the Help section for p. 5 of the Footwear Industry Report, the company's interest coverage ratio is