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ignment Question 2 of 4 > - / 100 E III View Policies Current Attempt in Progress (Debt to equity.debt as a percentage of total

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ignment Question 2 of 4 > - / 100 E III View Policies Current Attempt in Progress (Debt to equity.debt as a percentage of total capitalization, and interest coverage) The following financial information relates to Artscan Enterprises Inc. (amounts in thousands) 2018 2019 2020 Income before depreciation amortization, Interest, and taxes $1.541 $2.695 $3,616 Interest expense 164 355 450 Cash 48 112 216 Current liabilities (does not include any debt) 630 747 1.171 Bank loan payable (all long-term) 1,890 3.710 4.370 Shareholders equity 4.183 5,430 7.762 Question 2 of 4 > - / 100 Interest expense 164 355 450 Cash 48 112 216 630 747 1.171 Current liabilities (does not include any debt) Bank loan payable (All long-term) Shareholders equity 1,890 3.710 4.370 4,183 5.430 7.762 (a) Calculate the debt to equity, net debt as a percentage of total capitalization, and interest Coverage ratios. (Round answers to 1 decimal place, c.8. 18.4 or 15.3%) Net debt as a percentage of total capitalization Debt to equity ratio Interest coverage 2018 26 % times 2019 %6 % times 2020 times

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