Below is a company's financial forecast. A loan is added to the analysis in 2020. Based on the information, will the company be able to meet the covenant requirements? Select ALL correct statements.

Covenants:

Total Liabilities to Equity < 1.1

Debt Service Coverage Ratio > 2.0

Funded Debt/EBITDA < 1.4

Working Capital Ratio > 2.5

	2017A	2018A	2019A	2020E	2021E	2022E	2023E	2024E
Total Liabilities to Equity	0.8	0.8	0.8	1.2	1.1	1.0	1.0	1.0
Debt Service Coverage Ratio	2.3	2.4	2.4	2.1	2.2	2.2	1.9	1.9
Funded Debt/EBITDA	1.2	1.2	1.1	1.3	1.3	1.2	1.2	1.1
Working Capital Ratio	2.8	2.9	2.7	2.6	2.7	2.8	2.6	2.6

The company will have less current assets than current liabilities throughout the years.

The company is able to meet the funded debt/EBITDA requirement at the beginning of the loan term, but there is an increased risk of covenant breach after 2023.

The company will be able to meet the DSCR requirement at the beginning of the loan term, but there is an increased risk of covenant breach after 2022.

The total liabilities to equity covenant is breached in 2020 but it's corrected for the rest of the loan term.