Balance sheet and income statement data indicate the following Bonds payable, 10% (due in two...
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Balance sheet and income statement data indicate the following Bonds payable, 10% (due in two years) Preferred 5% 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. 3.1 $965,000 211,000 1,618,000 397,000 74,000 80,900 10,550 b. 5.1 Oc. 7.2 d. 4.1
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