Balance Sheet and Income Statement Data Indicate the Following Based on the Data Presented Above,what Is the Number of

question 136

Multiple Choice

Balance sheet and income statement data indicate the following: $\begin{array}{l}\begin{array}{lll}\text { Bonds payable, } 6 \% \text { this is year } 4 \text { of } 20 \text { years }\\\text { Preferred 8 \% stock,\$ 100 par } \\ \text { no change during the year } \\\text { Common stock, \$ 50 par } \\\text { no change during the year } \\\text { Income before income tax for year } \\\text { Income tax for year } \\\text { Common dividends paid } \\\text { Preferred dividends paid }\\\end{array}\begin{array}{lll} \$1,200,000\\\\200,000\\\\1,000,000 \\320,000\\80,000 \\60,000 \\16,000\end{array}\end{array}$
Based on the data presented above,what is the number of times bond interest charges were earned round to two decimal places?

• A)5.72
• B)6.83
• C)4.72
• D)4.83

---

Definitions:

Scores

Quantitative measures used to evaluate performance in various contexts, such as tests, games, or assessments.

Case Histories

Detailed records of an individual's background, symptoms, the course of a disease or condition, and the response to treatment, often used in medical and psychological contexts for analysis and study.

Naturalistic Observation

A research method in which subjects are observed in their natural environment without any manipulation by the observer.

Burden of Proof

The obligation to prove one's assertion or the responsibility to verify the truthfulness of a claim in a discussion, argument, or legal case.