Year 9 Income Statement Data in 000s Total Revenues $610,000 Cost of Goods Sold 370,000 Delivery Costs 40,000 Marketing Costs 48,000 Administrative Expenses 10,000 Operating Profit (Loss) 142,000 Other Income (Expense) -2,000 Interest Income (Expense) -8,500 Pre-tax Profit (Loss) 131,500 Income Taxes 39,450 Net Profit (Loss) $92,050 Based on the above income statement data the company's interest coverage ratio is and operating profit margin are

Answer rating: 100% (QA)

To calculate the interest coverage ratio we need to divide the operatin... View the full answer