Financial Statements for Oram Company Appear Below: Dividends

question 175

Multiple Choice

Financial statements for Oram Company appear below: Dividends during Year 2 totaled $161 thousand, of which $10 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $610.
-Oram Company's times interest earned for Year 2 was closest to:

• A) 10.8
• B) 11.8
• C) 19.5
• D) 7.5

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Definitions:

Central Sterile

Refers to the department within a hospital or medical facility that is dedicated to the sterilization and preparation of medical equipment and instruments for surgery and other procedures.

Sterilization

(1) Rendering a person unable to produce children; accomplished by surgical, chemical, or other means. (2) A technique for destroying microorganisms using heat, water, chemicals, or gases.

Disinfection

Process of destroying all pathogenic organisms except spores.

Perioperative Nurse

A nursing professional specialized in caring for patients before, during, and after surgical procedures.