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Problem The balance sheet for Kronos Inc. at the end of the current fiscal year indicated the following: Bonds payable, 10% (issued in 2002, due in 2022) $3,750,000 Preferred $4 stock, $40 par 2,000,000 Common stock. $10 par 3,600,000 Income before income tax was $2,400,000, and income taxes were $400,000 for the current year. Cash dividends paid on common stock during the current year totaled $720,000. The common stock was selling for $72 per share at the end of the year. Determine each of the following: @number of times bond interest charges are earned, L e arnings per share on common stock. price earnings ratio, dividends per share of common stock, and dividend yield. Round to one decimal place except earnings per share, which should be rounded to two decimal places. Bomit