For the Most Recent Year,Wilson Enterprises Had Sales of $689,000,cost

question 92

Multiple Choice

For the most recent year,Wilson Enterprises had sales of $689,000,cost of goods sold of $470,300,depreciation expense of $61,200,and additions to retained earnings of $48,560.The firm currently has 12,000 shares of common stock outstanding,and the previous year's dividends per share were $1.18.Assuming a 35 percent tax rate,what was the times interest earned ratio?

• A)1.47
• B)2.09
• C)2.58
• D)3.15
• E)3.67

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A frequency distribution illustrates the frequency with which each unique value appears within a dataset.

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