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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

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As the chief financial officer of Adirondack Designs, you have the following information:
a. Calculate Adirondacks times-interest-earned ratio for next year assuming the firm raises $48 million of new debt at an interest rate of 4 percent.
b. Calculate Adirondacks times-burden-covered ratio for n
c. Calculate next years earnings per share assuming Adirondack raises the $48 million of new debt.
d. Calculate next years times-interest-earned ratio, times-burden-covered ratio, and earnings per share if Adirondack sells 1.3 million new shares at $23 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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