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As the chief financial officer of Adirondack Designs, you have the following information: Next year s expected net income after tax but before new financing

As the chief financial officer of Adirondack Designs, you have the following information:
Next years expected net income after tax but before new financing $ 40 million
Sinking-fund payments due next year on the existing debt $ 15 million
Interest due next year on the existing debt $ 10 million
Common stock price, per share $ 28.0
Common shares outstanding 20 million
Company tax rate 40%
Calculate Adirondacks times-interest-earned ratio for next year assuming the firm raises $50 million of new debt at an interest rate of 3 percent.
Calculate Adirondacks times-burden-covered ratio for next year assuming annual sinking-fund payments on the new debt will equal $4.5 million.
Calculate next years earnings per share assuming Adirondack raises the $50 million of new debt.
Calculate next years times-interest-earned ratio, times-burden-covered ratio, and earnings per share if Adirondack sells 1.5 million new shares at $25 a share instead of raising new debt.
Note: Do not round intermediate calculations. Round "Earnings per share" answers to 2 decimal places and other answers to 1 decimal place.

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