Based on the Information Provided in Exhibit 1, the EbiTdA

question 16

Multiple Choice

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

• A) 7.91x.
• B) 10.12x.
• C) 12.99x.

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Definitions:

Noncontrolling Interest

Represents the equity interest in a portion of a subsidiary's net assets that is not attributable directly or indirectly to the parent company.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having a vote in corporate decisions but in the last in line during liquidation.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often receiving dividends before common shareholders and having a fixed dividend rate.

Intra-Entity Transaction

Transactions that occur between two segments within the same company.