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Hartzog Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 155

Multiple Choice

Hartzog Corporation's most recent balance sheet and income statement appear below:  Hartzog Corporation's most recent balance sheet and income statement appear below:     Dividends on common stock during Year 2 totaled $60 thousand. Dividends on preferred stock totaled $5 thousand. The market price of common stock at the end of Year 2 was $7.04 per share. -The times interest earned for Year 2 is closest to: A) 3.40 B) 8.34 C) 4.84 D) 5.84  Hartzog Corporation's most recent balance sheet and income statement appear below:     Dividends on common stock during Year 2 totaled $60 thousand. Dividends on preferred stock totaled $5 thousand. The market price of common stock at the end of Year 2 was $7.04 per share. -The times interest earned for Year 2 is closest to: A) 3.40 B) 8.34 C) 4.84 D) 5.84 Dividends on common stock during Year 2 totaled $60 thousand. Dividends on preferred stock totaled $5 thousand. The market price of common stock at the end of Year 2 was $7.04 per share.
-The times interest earned for Year 2 is closest to:


A) 3.40
B) 8.34
C) 4.84
D) 5.84

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