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for Creok, along with the induatry averages and Creeks recent financial stafements, evaluate and recommend appropriats action on the loen request Creek Enterprises income Statement:

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for Creok, along with the induatry averages and Creeks recent financial stafements, evaluate and recommend appropriats action on the loen request Creek Enterprises income Statement: Creek Enterprises Batanco shoet Croek Entarprises's debt ratio is 72 . (Round to two decimal placen.) Crock Enterpeisen't times interest earned ratio is (Round to two decimal places.) Geek Enterprisev's fixed-payment coverage ratio is (Round to two decinal places.) (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Creek Enterprises Income Statement for the Year Ended December 31, 2022 \begin{tabular}{|c|c|c|} \hline Sales revenue & & $30,023,000 \\ \hline Less: Cost of goods sold & & 20,984,000 \\ \hline Gross profits & & $9,039,000 \\ \hline Less: Operating expenses & & \\ \hline Selling expense & $2,994,000 & \\ \hline General and administrative expenses & 1,784,000 & \\ \hline Lease expense & 220,000 & \\ \hline Depreciation expense & 966,000 & \\ \hline Total operating expense & & 5,964,000 \\ \hline Operating profits & & $3,075,000 \\ \hline Less: Interest expense & & 960,000 \\ \hline Net profits before taxes & & $2,115,000 \\ \hline Less: Taxes ( rate =21%) & & 444,150 \\ \hline Net profits after taxes & & $1,670,850 \\ \hline Less: Preferred stock dividends & & 102,800 \\ \hline Earnings available for common stockholders & & $1,568,050 \\ \hline \end{tabular} (Click the icon here b in order to copy the contents of the data table below into a spreadsheet.) lease have yet to run. "Required annual principal payments are $762,000

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