Question 7 (3 points) One way analysts measure the ability of a company to meet its obligations is to calculate the times interest earned ratio for any outstanding debt the company may have. For Rich Corporation, $100,000 of bonds paying 8.5% annually are outstanding. Income before interest and taxes is $50,000. How would Rich Corporation calculate the interest coverage (accrual basis) ratio? Income before interest and taxes divided by the interest expense. Income before interest and taxes divided by carrying value of the bonds outstanding Income before interest and taxes divided by the face value on bonds. Face value of the bonds divided by income before interest and taxes. Question 8 (3 points) On January 1, 2007, Marff Corporation issued 10,000 shares of its 10%, $20 par value cumulative preferred stock. No dividends were declared by Marff in 2007 or 2008. In 2009, Marff had a profitable year and was in a strong cash position, so it declared a dividend of $200.000. How much of this dividend was paid to Marff's common stockholders? $140,000 $160,000 $180,000 $200,000 Question 9 (3 points) Cash inflows and outflows from operating activities relate to revenues. expenses. both a and b. O neither a nor b