Question: if Ali Co. has common share ( $ 0.25 par value) $100,000. the market value per share is $ 2. the company generates net income
if Ali Co. has common share ( $ 0.25 par value) $100,000. the market value per share is $ 2. the company generates net income as $ 40,000 and dividends announced is $ 10,000. the dividends coverage ratio is
a.
8 times
b.
25%
c.
50%
d.
4 times
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