(Analyzing coverage ratios) The income statements for Lowe's Companies, Inc. (LOW) spanning the period 2014-2015 (just before the housing crash, so these are representative years) are found here. 2. Calculate the times interest earned ratio for each of the years for which you have data b. What is your assessment of how the Firm's ability to service is debt obligations has changed over this period a. The tinies interesteamed att for 2016 wasmas (Round to two decimal places The times interest earned to for 2015 times Hound to two decimal places) The times interest and two for 2014 was times (Hound to two decimal places) b. What is your assament of how the firm's abilny to service is debt obligations has changed over this period? (Select the best choice below) OA Lowe's ability to service is dat obligation has been increasing lately OB Lowe's ability to service its debition has been stody over the years OC Lowe's ability to service is dat obligation has been declining lately OD. Low's ability to sonce its debt obligations has been declining every single year o Analyzing coverage ratios) The Income statements for Lowe's Companies, Inc. (LOW) spanning the period 2014-2016 (just before the housing crash, so these are representative years) are found here Calculate the times interest earned ratio for each of the years for which you have data b. What is your assessment of how the fe's ability to separate debbadinha chamad 1. The smes interest earned ratio for 2016 was times Data Table The times interest eamed ratio for 2015 was imes The times interesteamed ratis for 2016 was smes 2016 2015 2014 Net operating income (EBIT) 54971000 54.792.000 54 149 000 b. What is your assessment of how the firm's ability to se Interest in 1552.000) (516.000) (476,000) Earrings before taxes 54.419.000 54.276.000 53.673.000 O A Lowe's ability to service its debt obligations has Income (1.870.000) 11.580.000) (1.390.000) OB Lowe's ability to service its debt obligations hast Net income $2.549.000 $2.896.000 $2 283000 OC Lowe's ability to service its debt obligations hest OD Lowe's ability to service in debt obligations has Print Done