Question: Based on the information provided in Exhibit 1 , please calculate the EBITDA interest coverage ratio of Adidas AG and show your work. Exhibit 1
Based on the information provided in Exhibit please calculate the EBITDA interest coverage ratio of Adidas AG and show your work.
Exhibit : Adidas AG Excerpt from Consolidated Income
tableStatement in a given year in millionsAmountGross 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: million
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