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Overall, research indicates that:
Times Interest Earned Ratio
A financial metric that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes (EBIT) to its interest expenses.
Bonds Payable
represent long-term debt securities issued by corporations or governments, obligating the issuer to pay the bondholder the principal plus interest.
Interest Expense
The cost incurred by an entity for borrowed funds over a period, reflecting the interest payments on its debt.
Issuing Bonds
The process by which a corporation or government raises funds by selling debt securities to investors.
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