17. Number of Times Dividend, Interest and Fixed Charges are Earned The Income statement of Rubb Trading Co. shows the following: Operating income Less: Interest expense Income before income taxes Less: Income taxes Net Income The corporation has capital stock outstanding as follows: 12% Preferred stock, par P 100 Common stock, par P 50 P 150,000 10,000 P 140,000 35,000 P 105,000 P 300,000 400,000