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    Issues in Financial Accounting Study Set 1
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    Exam 17: Financial Reporting: Segment Reporting and Highlights Statements
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    A Business Reports the Following in Its Financial Statements
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A Business Reports the Following in Its Financial Statements

Question 21

Question 21

Multiple Choice

A business reports the following in its financial statements:
Revenues $1 800
Preference Dividend 400
Expenses 600
Assets 1 900
Liabilities 1 100
What is the times dividends earned ratio?


A) 4.50 times
B) 2.25 times
C) 1.80 times
D) 3.00 times

Correct Answer:

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