82. Refer to Exhibit 4-1. What is the firm's EBITDA coverage? a. 3.29 b. 3.46 c. 3.64 d. 3.82 e. 4.01 Exhibit 4-1 The following data apply to the problemts) below.) The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no the notes payable will be rolled over. amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and Assets 2007 Cash and securities S 1,554.0 9,660.0 Accounts receivable Inventories Total current assets Net plant and equipment $24,654.0 17.346.0 Total assets Liabilities and Equity Accounts payable $ 7,980.0 5,880.0 Notes payable Accruals Total current liabilities $18,480.0 10.920.0 $29,400.0 3,360.0 Long-term bonds Total debt Common stock Retained earnings Total common equity S12,600.0 Total liabilities and equity Income Statement (Millions of S) 2007 $58,800.0 $54,978.0 S 1,029.0 S 2,793.0 Net sales Operating costs except depr'n Depreciation Earnings bef int and taxes (EBIT) Less interest Earnings before taxes (EBT Taxes Net income Other data Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price S 1,743.0 175.00 $509.83 6.25% 35% $77.69