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(Anslyzing coverage ratios) The incorne staternents far Lawe's Companies, Inc. (LOW), spanring the period 2014?2016 (just befare the housing crash, so these are representative years)
(Anslyzing coverage ratios) The incorne staternents far Lawe's Companies, Inc. (LOW), spanring the period 2014?2016 (just befare the housing crash, so these are representative years) are found here: a. Caloulate the times interest earned ratio for esch of the years for which you have data. b. What is your assessment of how the firm's ability to service its debt abligations has changed aver this periad? a. The times interest earned ratio for 2016 was timas. (Round to two decirnal places.) The times interest earned ratio for 2015 was times. (Round to two decirnal places.) The times interest earned ratio for 2014 was times. (Round to two decirnal places.) b. What is your assessment of how the firri's abilty to service its debt obligations has changed aver this periad? (Select the best choice below.) A. Lowe's ability to service its debt obligatians has been steady over the years. B. Lowe's ability to service its debt obligatians has been decining every single year. C. Lowe's ability to service its debt obligatians has been increasing lately- D. Lowe's ability to service its debt obligations has been decining lately- Data table
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