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As the chief financial officer of Adirondack Designs, you have the following information: a . Calculate Adirondack s times - interest - earned ratio for
As the chief financial officer of Adirondack Designs, you have the following information:
a Calculate Adirondacks timesinterestearned ratio for next year assuming the firm raises $ million of new debt at an interest rate of percent.
b Calculate Adirondacks timesburdencovered ratio for n
c Calculate next years earnings per share assuming Adirondack raises the $ million of new debt.
d Calculate next years timesinterestearned ratio, timesburdencovered ratio, and earnings per share if Adirondack sells million new shares at $ a share instead of raising new debt.
Note: Do not round intermediate calculations. Round "Earnings per share" answers to decimal places and other answers to decimal place.
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