Calculate the times interest earned ratio using the following information.

sales = $1.5 million
cost of goods sold = $800,000
depreciation expense = $100,000
addition to retained earnings = $85,000
dividends per share = $1.2
tax rate = 30 percent
number of shares of common stock outstanding = 100,000.

assume the firm has no preferred stock.

a. 2.25 times
b. 1.25 times
c. 1.95 times
d. 2.75 times

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?