QUESTION 22 The interest Coverage Ratio for Lowes Inc has been gradually increasing from 3.7 in 2017 to 3.85 in 2018 to 3.91 in 2019. You work for a bank deciding whether to lend to Lowes, all else equal, you would likely view them as a better credit risk in 2019 than in 2017. True False QUESTION 23 You have been in the workforce for a vear or two now and are keen on buvine vour first house. Unlike the easy money days prior to the Great Recession, vou will need a substantial downpayment. You have determined that you will need a downpayment of at least $30,000. Assume that you save the same amount every year for 4 years first deposit occurs at the end of this vear, last deposit occurs at the end of the fifth year. If the account where you deposit the money returns 0.061 per year, how much will you need to depost each year? QUESTION 24 Assume that you have 40 years until retirement and have just started your first job. Once you retire, you anticipate that you will live for 30 additional years. Assume that you will require $100.000 per year to support yourself in retirement. All investments that you make will go into and stay in an account that returns 0.077 per year (.e. however much you have at retirement will sit in that account and continue to accrue interest on the remaining balance.) How much will you have to save each year over the next 40 years to meet your goal? Assume that your first investment occurs at the end of your first year of work lyr 1) and that the last of your 40 investments occurs on the last day that you are employed yr 40). For simplicity, assume that your first withdrawal is at the end of your first retirement year yr 41)