As the chlef financlal officer of Adirondack Designs, you have the following information:

a$.$ Calculate Adirondack's times$-$Interest$-$earned ratlo for next year assuming the firm ralses $$64$ million of new debt at an Interest rate

of $4$ percent.

b$.$ Calculate Adirondack's times$-$burden$-$covered ratio for next year assuming annual sinking$-$fund payments on the new debt will equal

$$5\mathrm{.}0$ million.

c$.$ Calculate next year's earnings per share assuming Adirondack ralses the $$64$ million of new debt.

d$.$ Calculate next year's times$-$Interest$-$earned ratio, times$-$burden$-$covered ratio, and earnings per share if Adirondack sells $2\mathrm{.}9$ million

new shares at $$19$ a share instead of ralsing new debt.

Note: Do not round Intermedlate calculations. Round "Earnings per share" answers to $2$ decimal places and other answers to $1$

decimal place.