Examlex
Match each statement with the correct item below:
-emergency communication
Net Credit Sales
The total amount of sales made on credit, subtracting returns and allowances.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Times Interest Earned Ratio
The times interest earned ratio is a financial metric that measures a company's ability to meet its debt obligations based on its current earnings before interest and taxes (EBIT).
Default in Payment
Occurs when a borrower fails to make a loan payment on time as agreed upon in the loan agreement.
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