Given the following data,determine the number of times interest charges are earned ratio.
Net income,$70,000
Bonds payable,issued at face value,8%,$5,000,000
Preferred Stock,$50 par value,6%,10,000 shares issued & outstanding Tax rate is 30%

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The Answer of Given the following data,determine the number of times interest charges are earned ratio.
Net income,$70,000
Bonds payable,issued at face value,8%,$5,000,000
Preferred Stock,$50 par value,6%,10,000 shares issued & outstanding Tax rate is 30%

Given the Following Data,determine the Number of Times Interest Charges