Examlex
Which of the following tools is NOT a policy tool of the Fed?
Times Interest Earned Ratio
A financial metric that measures a company's ability to meet its interest payments on outstanding debt.
Operating Expenses
The ongoing costs for running a business, excluding the cost of goods sold, such as rent, utilities, and salaries.
Profitability
The ability of a business to generate earnings compared to its expenses and other relevant costs, expressed as a percentage or profit margin.
Short-term Notes Payable
Debt obligations that are due to be paid within a year, often used for working capital purposes or to finance short-term liabilities.
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