28 Review Later Below is a company's financial forecast. A loan is added to the analysis in 2020. Based on the information, will the company be able to meet the covenant requirements? Select ALL correct statements. Covenants: Total Liabilities to Equity 2.0 Funded Debt/EBITDA 2.5 Total Liabilities to Equity Debt Service Coverage Ratio Funded Debt/EBITDA Working Capital Ratio 2017A 0.8 2.3 1.2 2.8 2018A 0.8 2.4 1.2 2.9 2019A 0.8 2.4 1.1 2.7 2020E 1.2 2.1 1.3 2.6 2021E 1.1 2.2 1.3 2.7 2022E 1.0 2.2 1.2 2.8 2023E 1.0 1.9 1.2 2.6 2024E 1.0 1.9 1.1 2.6 The total liabilities to equity covenant is breached in 2020 but it's corrected for the rest of the loan term. The company will have less current assets than current liabilities throughout the years. The company will be able to meet the DSCR requirement at the beginning of the loan term, but there is an increased risk of covenant breach after 2022 The company is able to meet the funded debt/EBITDA requirement at the beginning of the loan term, but there is an increased risk of covenant breach after 2023