Recent financial statement data for Bethell Foods Incorporat…

Recent financial statement data for Bethell Foods Incorporated is shown below: Current liabilities$ 186Income before interest and taxes$17010% Bonds, long-term380Interest expense38Total liabilities566Income before income tax expense132Stockholders’ equity Income tax expense35Common stock206Net income$97Retained earnings282 Total stockholders’ equity488 Total liabilities and equity$1,054 What is the times interest earned ratio?Note: Round your answer to two decimal places.

Over the first four years of the company’s life, the company…

Over the first four years of the company’s life, the company earned the following net income (loss): $5,000; $3,000; $6,000, and $(2,000). If the company’s ending retained earnings is $7,600 after year 4, what is the average amount of dividends paid per year?