Question: I need help solving this problem Expected payments for next year - Net income: $65 million - Interest due: $15 million - Interest rate on

I need help solving this problem

$Net income: $65 million - Interest due: \$15 million - Interest rate$

Expected payments for next year - Net income: $65 million - Interest due: \$15 million - Interest rate on new debt: 5% - Tax rate: 35% - Scheduled debt repayments: $42 million Current - Stock price: $72 - Number of shares outstanding: 20 million Part 1 attempt 1/10 for 10 pts. What will be the times-interest-earned ratio in the coming year if the company borrows an additional $61 million now? Part 2 - 1 - Attempt 1/10 for 10 pts. What will be earnings per share in the coming year if the company borrows an additional \$61 million now? What will be earnings per share in the coming year if the company borrows an additional $61 million now? Part 3 1. Attempt 1/10 for 10 pts. What will be the times-interest-earned ratio in the coming year if the company sells 3 million shares now instead of borrowing additional funds? Part 4 1. Attempt 1/10 for 10 pts. What will be earnings per share in the coming year if the company selly 3 million shares now instead of borrowing additional funds

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