Ghazi Glass has a basic earning power of (BEP) of 9% on $9 million of total assets, and its times interest eamed (TIE) ratio is 3.0. Ghazi's depreciation and amortization expense totals $1 million. It has $0.6 million in lease payments and $0.3 million must go towards principal payments on outstanding loans and long-term debt. Tax rate is 40%. a) Calculate the firm's NOPAT. If the firm's last year's NOPAT was $550,000 what does it reflect for the current year? Analyze NOPAT in detail. b) Calculate Ghazi's EBITDA coverage ratio. c) Interpret firm's EBITDA coverage ratio