Question 25 Not yet answered Marked out of 1.00 p Flag question Balance sheet and income statement data indicate the following $1,000,000 200,000 Bonds payable, 6% (this is Year 4 of 20 years) Preferred 8% stock, $100 par (no change during the year) Common stock, SSO par (no change during the year) Income before income tax for year Income tax for year Common dividends paid Preferred dividends paid 1.000.000 340,000 30,000 60,000 16.000 Based on the data presented above, what is the times interest earned ratio (round to two decimal places)? Select one: a. 6.67 Time left 1:31:27 Type here to search E 3 esc ? * ia 10