Selected financial data of Alexander Corporation for the year ended December 31, 2011, is presented below:
Common stock dividends were $120,000. The times-interest-earned ratio is
A) 2.8 to 1.
B) 4.8 to 1.
C) 6.0 to 1.
D) 9.0 to 1.
Correct Answer:
Verified
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