Year 0 4,905 2,776 Gross profit 2,129 1165 111,183 Operating income 781 1303 JEUNE Income before taxes 1478 100 Net income 378 Year 0 210 568 563 249 1,590 Total Current Assets Total Fixed Assets 2,514 Total assets 4,104 250 115 451 Total current liabilities 816 Total non-current liabilities 1,446 Total liabilities 2,262 615 1,227 Total stockholders' equity 1.842 Total liabilities and stockholders' equity 4.104 99.60 76 INCOME STATEMENT Revenue Cost of goods sold Depreciation Other expenses Interest Expense Provision for income taxes @ 21% BALANCE SHEEET ASSETS Cash and marketable securities Short-Term Investments Receivables Inventories LIABILITIES AND EQUITY Notes Payable Accounts payable Accruals Common stock and additional paid-in capital Retained earnings Diluted no. of shares Stock price WACC Dividend & repurchases per share Year 1 5,323 2,943 2,380 197 1,410 773 110 663 139 FERIORE $ 524 Year 1 191 749 736 278 1,954 2,890 4,844 363 177 591 1,131 1,410 2,541 709 1,594 2,303 4,844 89.58 114 7.0% 1.75 QUESTION 13 What is the Times-Interest-Earned ratio of Lowell Inc for Year 1? Please use the information in the sheet attached here. Please use the information. provided in the sheet attached here. Lowell.pdf 4.72 7.03 6.39 2.58