Selected financial data of Nicholas Corporation for the year ended December 31,2014,is presented below:

Common stock dividends were $120,000.The times-interest-earned ratio is
A)2.9 to 1.
B)3.6 to 1.
C)4.3 to 1.
D)5.3 to 1.

Question

Selected financial data of Nicholas Corporation for the year ended December 31,2014,is presented below:

Common stock dividends were $120,000.The times-interest-earned ratio is
A)2.9 to 1. 
B)3.6 to 1. 
C)4.3 to 1. 
D)5.3 to 1.

Quizplus · Accepted Answer

The Answer of Selected financial data of Nicholas Corporation for the year ended December 31,2014,is presented below:

Common stock dividends were $120,000.The times-interest-earned ratio is
A)2.9 to 1. 
B)3.6 to 1. 
C)4.3 to 1. 
D)5.3 to 1.

Selected Financial Data of Nicholas Corporation for the Year Ended