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The following financial statement information is available for Sheridan Corporation: 2017 2016 Net income $120000 $85000 Income tax expense 24000 37000 Interest expense 10000 11000
The following financial statement information is available for Sheridan Corporation:
2017 2016
Net income $120000 $85000
Income tax expense 24000 37000
Interest expense 10000 11000
Dividends paid to common stockholders 21000 25000
Dividends paid to preferred stockholders 15000 9000
The times interest earned for 2017 is :
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