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Shares Outstanding of Common Stock = 1,000,000

Question 117

Multiple Choice

Shares outstanding of common stock = 1,000,000 Shares outstanding of preferred stock = 500,000 Market price of common stock = $18. -The Times Interest Earned ratio is: A) 3.7 B) 2.7 C) 0.27 D) 0.62 Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Times Interest Earned ratio is:


A) 3.7
B) 2.7
C) 0.27
D) 0.62

Correct Answer:

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