Selected Financial Data of Alexander Corporation for the Year Ended

question 35

Multiple Choice

Selected financial data of Alexander Corporation for the year ended December 31, 2011, is presented below:

Common stock dividends were $120,000. The times-interest-earned ratio is

• A) 2.8 to 1.
• B) 4.8 to 1.
• C) 6.0 to 1.
• D) 9.0 to 1.