Examlex
Multiply and simplify.
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Interest Expense
The cost incurred by an entity for borrowed funds, which is recognized in the financial statements as an expense.
Times Interest Earned Ratio
A financial metric that measures a company's ability to cover its interest expenses with its earnings before interest and taxes.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.
Equity Multiplier
A financial leverage ratio that measures the portion of a company’s assets that is financed by stockholders' equity.
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