Question: or as Calculator Balance sheet and income statement data indicate the following: Bonds payable, 10% (due in two years) Preferred 596 stock, $100 par (no
or as Calculator Balance sheet and income statement data indicate the following: Bonds payable, 10% (due in two years) Preferred 596 stock, $100 par (no change during year) Common stock, $50 par (no change during year) Income before income tax for year Income tax for year Common dividends paid Preferred dividends paid Based on the data presented, what is the times interest earned ratio (rounded to one decimal place)? Oa. 5.4 Ob. 7.9 $831,000 270,000 1,692,000 369,000 80,000 84,600 13,500 Oc. 3.4 Od. 4.4 acBoo
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