Question: | a search Balance sheet and income statement data indicate the following Bonds payable, 7% (due in 15 years) Preferred 8% stock. $100 par $1,345,636
| a search Balance sheet and income statement data indicate the following Bonds payable, 7% (due in 15 years) Preferred 8% stock. $100 par $1,345,636 $200,000 (no change during the year) Common stock, $50 par (no change during the year) Income before income tax for year $1,000,000 $417,352 125,206 $60,000 $16,000 tax for year Common dividends paid Preferred dividends paid Based on the data presented above, what is the times interest eamed rato (round to two decimal places) Ca-310 Ob. 4.43 Oc. 2.10 5,43
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