Examlex
What is used to enter the information about economic events into the accounting system?
Market Rate
The interest rate available in the marketplace for similar transactions.
Times Interest Earned Ratio
A financial metric that evaluates how well a company can cover its interest expenses with its earnings before interest and taxes.
Net Income
Net income, also known as net profit, is the total profit of a company after all revenues, costs, and expenses have been deducted.
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