Economics Domain-namecheap 4 - Chapter 6 C Saved Help Save & E Required information [The following information applies to the questions displayed below.] 1 of 4 $ $ Squamish Equipment Selected financial information Expected net income after tax next year before new financing Sinking-fund payments due next year on existing debt Interest due next year on existing debt Company tax rate Common stock price, per share Common shares outstanding 40 million 14 million 15 million 36% 20.00 18 million Please refer to the financial information for Squamish Equipment above. For next year, calculate Squamish's times-burden-covered ratio if Squamish sells 2 million new shares at $20 a share. Multiple Choice A RRI Required information Part 1 of 4 None of the options are correct