Xenophon Limited Has Dividends Per Share for the Financial Year

Multiple Choice

Xenophon Limited has dividends per share for the financial year of 20 pence, 200,000 ordinary shares with a par value of £1 each, 100,000 preference shares of £1 each with a dividend rate of 10%, profits before taxation for the year of £300,000 and a taxation charge for the year of £50,000. What is Xenophon Limited's dividend cover?

A) 6.00 times
B) 6.25 times
C) 7.25 times
D) 7.50 times