Compute the ff: Number of times interest charges are earned. Number of times preferred stock dividend requirement is earned. c. Number of times fixed charges are earned. Operating exp. Of 20,000 and interest expense is more or less constant at P10, 000

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 P 150,000 10,000 P 140,000 35,000 P 105,000 The corporation has capital stock outstanding as follows: 12% Preferred stock, par P 100 Common stock, par P 50 P 300,000 400,000 instruction