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a. Calculate Adirondack's times-interest-earned ratio for next year assuming the firm raises $53 million of new debt at an interest rate of 2 percent. b.

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a. Calculate Adirondack's times-interest-earned ratio for next year assuming the firm raises $53 million of new debt at an interest rate of 2 percent. b. Calculate Adirondack's times-burden-covered ratio for next year assuming annual sinking-fund payments on the new debt will equal $6.0 million. c. Calculate next year's earnings per share assuming Adirondack ralses the $53 million of new debt. d. Calculate next year's times-interest-earned ratio, times-burden-covered ratio, and earnings per share If Adirondack sells 1.8 million new shares at $28 a share instead of ralsing new debt. Note: Do not round Intermedlate calculations. Round "Earnings per share" answers to 2 decimal places and other answers to 1 decimal place

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