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3. Owners of bonds would prefer 1. a debt ratio of 60 percent to a debt ratio of 40 percent 2. a debt ratio of

3. Owners of bonds would prefer 1. a debt ratio of 60 percent to a debt ratio of 40 percent 2. a debt ratio of 40 percent to a debt ratio of 60 percent 3. a times interest earned of 5.1 to a times-interest-earned of 3.9 4. a times interest earned of 3.9 to a times-interest-earned of 5.1 a. 1 and 3 b. 1 and 4 c. 2 and 3 d. 2 and 4

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