Examlex
mark each statement TRUE or FALSE. Assume that the statement applies to all sets.
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Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its current income.
Interest Expense
The cost incurred by an entity for borrowed funds.
Tax Rate
The percentage at which an individual or corporation is taxed.
Debt-to-Equity Ratio
A measure indicating how a company's assets are financed through a mix of debt and equity from shareholders.
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