Can you show me the complete solution and detailed explaanation in solving the f

Question

Can you show me the complete solution and detailed explaanation in solving the ffg please step by step and use the formula I will be giving.

1. Times Interest Earned = EBIT/Interest charges (how to get interest charges?)

2. EBITDA = EBITDA + Lease Payments/Interest + Principal Payments + Lease Payments (how to get the values for lease payments, priniciplal payments and lease payments) thanks!

2001 2000 Net sales Operating costs excluding depreciation and amortization Earnings before interest, taxes, depreciation, and amortization (EBITDA) Depreciation Amortization Depreciation and amortization Earnings before interest and taxes (EBIT, or operating income) $3,000.0 2,616.2 S 383.8 100.0 0.0 S 100.0 S 283.8 88.0 S 195.8 78.3 $2,850.0 2,497.0 S 353.0 90.0 0.0 $ 90.0 S 263.0 60.0 S 203.0 81.2 S 121.8 4.0 Less interest Earnings before taxes (EBT) Taxes (40%) Net income before preferred dividends Preferred dividends Net income Common dividends Addition to retained earnings Per-share data: 4.0 S 113.5 $ 57.5 S 56.0 S 53.0 $ 64.8 Common stock price Earnings per share (EPS) Dividends per share (DPS Book value per share (BVPS) Cash flow per share (CFPS) $23.00 S 2.27 S 1.15 $17.92 S 4.27 S26.00 S 2.36 S 1.06 $16.80 4.16

Explanation / Answer

1.Times Interest Earned (TIE)= EBIT / Interest Charges

TIE indicates the income available towards payment of interest,Higher TIE refers to higher funds available towards interest payment and vice versa.

Interest charges is interest expense in Income statement.

For 2001, TIE = 283.8/88=3.225 times

For 2000,TIE =263/60 =4.383 times

2.EBITDA(Given) in 2001 =$383.8

EBITDA (Given) in 2000 =$353

Given formula is wrong and there is no information in question for calculation of lease payments,principal payments,

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