otal Assets/Total Liab 1.93 Total Assets/Total Liab 2.46 REC wants to acquire the target Company for $20,000,000 (book value is $15,876,000) to increase its EPS. However, the CFO wonders how REC's Asset Coverage would appear to Moody's Investors Service. Currently, REC's Total Assets to Total Liabilities is 1.93x and the Target Company has a ratio of 2.46. Compute the Consolidated Balance Sheet as we did in class and the compute the Tangible Asset to Liability Ratio and choose the closest correct answer to what the Consolidated Total Assets to Liabilities would be. 2.02 2,10 2.32 2.20