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COGNITIVE ASSESSMENT What term describes the process in which two or more computers or devices transfer data, instructions, and information?
Interest Expense
The cost incurred by an entity for borrowed funds; interest expenses are a non-operational cost affecting the company’s net income.
Times Interest Earned Ratio
A financial metric used to evaluate a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.
Operating Costs
Operating costs are the expenses associated with the day-to-day operations of a business, including costs for rent, utilities, payroll, and raw materials.
Profit Margin
A financial ratio indicating the percentage of revenue that exceeds the costs of goods sold, showcasing the profitability of a company.
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