Question 39 Not yet answered Marked out of 1.00 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, 5100 par (no change during the year) Common stock, S50 par (no change during the year) Income before income tax for year Income tax for year Common dividends paid Preferred dividenda paid 1,000,000 340,000 80,000 60,000 16,000 Barad on the data presented above, what is the times interest eamed ratio (round to two decimal places)? Select one: a. 6.62 b. +66 0.323 d. 4.53